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Weekly Discussion: 24 July 2023
(lemmy.world)
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this post was submitted on 24 Jul 2023
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FIRE (Financial Independence Retire Early)
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FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
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HYSA would be my first choice (4% APY). Highly liquid and hassle free, and literally the purpose of it is for what you are describing. Second would be SPAXX/VUSXX (>5%) which is where I also keep my emergency fund. Though these take like an extra day to cash out compared to HYSA, at least for my bank. I wouldn't keep in index funds as you described there is a risk to it.