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

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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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