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engaged · 07-02-2007, 02:38 PM

i don't know how much $ your friend has, but I park my cash in a Vanguard Admiral Treasury Money Market. 5% yield or so, no state tax since it's treasuries and 100% liquid. There is a 100K min. for this one, but there are some other great Vanguard products out there with 3k and 10k minimums, with slightly higher fees. Good place to leave some $ when you don't know shit.

07-02-2007, 02:38 PM	#29 (permalink)
engaged I can get it juicy for ya Join Date: Jan 2007 Posts: 1,484 iTrader: 2 / 100%	i don't know how much $ your friend has, but I park my cash in a Vanguard Admiral Treasury Money Market. 5% yield or so, no state tax since it's treasuries and 100% liquid. There is a 100K min. for this one, but there are some other great Vanguard products out there with 3k and 10k minimums, with slightly higher fees. Good place to leave some $ when you don't know shit.