facebookWould like to hear community thought of whether you should or should not, put part of your emergency fund into Cash Management portfolio? - Seedly

Anonymous

29 Sep 2022

General Investing

Would like to hear community thought of whether you should or should not, put part of your emergency fund into Cash Management portfolio?

Discussion (15)

What are your thoughts?

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As they grow with less risk, high-interest bank savings accounts are my preferred investment because I want to keep my cash on hand during FED-increasing seasons.

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Lim Boon Tat

05 Oct 2022

Mathematics at Cambridge University

Do check on how long the cash management account can deposit money back to your bank account. Some solutions take 2 days.

I leave some in bank just in case any issue with cash mangement app or software

Cryotosensei

02 Oct 2022

Blogger at diaperfinancingfund.blogspot.com

Oh personally I have a more finely divided system. What I mean is that my emergency funds for dire circumstances are parked with Singlife and SingTel Dash because I can access them quite instantly. For my rainy day funds (like those kind of household matters that involve big cash outlay but not that urgent), I use Syfe Cash+. Hope this helps!

I wouldn't put all my emergency funds in cash management, but personally ok with the thought of putt...

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