Instead, try to build up an emergency fund covering at least three to six months of expenses (ideally six to twelve) and keep it somewhere safe and accessible like a savings account or money market fund.
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Set up automatic transfers from your checking to your savings to build your emergency fund and pad your savings account.
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The leftover money at the end of the month is split between our savings account and our annual trip fund.
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But if, like most of us, you hold your nest egg in a savings account, a money market fund, real estate, or a 401(k) plan then what you care about is your real rate of return, not the inflation rate per se.
The scheme I advocate is to take out a mortgage you don't need and use it to fund a Health Savings Account balance you aren't supposed to have.
Be aware that taking money out of a retirement account or selling securities at a sizable taxable gain rather than pulling cash from a certificate of deposit, money-market fund, savings or checking account could result in higher taxes on Social Security benefits if it bumps income above a certain threshold.
But if you have less than five years before your kid sits down to freshman composition, a risk-free certificate of deposit, money market fund or even a traditional savings account is a better bet.
An online savings account is a great choice for building an emergency fund.
Theoretically, Japan has enough savings to do this but in practice the savings don't get intermediated through the banking and life insurance companies and the trust fund bureau and the post office savings account in sufficient quantities to buy these bonds.
If rates start rising and you have a high duration bond fund, the more likely you are to suffer losses in that bond fund, or age-based 529 college savings account.
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You probably also have an emergency fund that you keep liquid in a high-interest savings account.
If you want to be absolutely, 100 percent safe, and you want to not make quite as much as you would make in a money market mutual fund, you would put in, like, in a bank savings account.
As part of the investment package, the Royal Mail will be able to put the money into a special account for the exclusive use of the pension fund - to help reassure pensioners that their savings are safe.
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