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If you have 120k with an interest rate of 1.0%, you are basically losing out on about $3.33 a day. In one year, you end up losing out on the amount of money you
by shitlord 13y ago
If you have 120k with an interest rate of 1.0%, you are basically losing out on about $3.33 a day. In one year, you end up losing out on the amount of money you would need to buy a nice UHD monitor. It's simply not worth it, IMO.
- sneak 13y agoWho keeps $120k sitting in checking earning 1%? That's underwater against inflation. I am baffled by anyone who peaks their checking account beyond 30-40k.