Sunil Hari wrote: > Still, I have north of $3k in my paypal account just for the 5% return. Not > insured, but totally accessible 24/7.
Until they decide to seize it for several months, and tell you that you have no recourse. I keep my savings in an insured bank account at 5.5%, can transfer it to my checking account online and have it within 24 hours. There's also the $2k in "mattress money" I keep at home for emergencies, I should probably reduce that a bit, as it now costs me $10 a month in interest. http://www.eloan.com/savings