Keeping extra cash in your savings account doesn’t get much return (less than .2% on average) and even the ‘high-yield’ savings accounts are only earning .4%. You are hopefully putting some of your earnings into the stock market (index funds), which is hard to beat for long-term investment earnings. But with savings rates so low, where is a safe place to park your cash, especially if you don’t need it for 5–7 years? You…
Reality is merely an illusion, albeit a very persistent one. — Albert Einstein