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<p>[QUOTE=&quot;buyingsilvers, post: 1313342, member: 18821&quot;]well part of it depends on your situation.&nbsp; If you won&#039;t need your cash reserves right away, then treasuries or bonds may be a decent option.&nbsp; If there&#039;s a possibility that you need it within a week or so, then money market or cds or savings account is probably the better option.&nbsp; At the least, one should have maybe 2 months of living expense in cash, then another 4 months (at least) in relatively liquid investments like bonds or cd. </p><p><br /></p><p>For me personally, I hold quite a bit of money as strictly cash.&nbsp; But that is because there&#039;s times during the year where I need the extra cash for business purposes.&nbsp; Most of the year, I can handle the volume of transactions with money normally used for business, but sometimes, volume explodes and I&#039;d lose out on good opportunities without an influx of additional money.&nbsp;&nbsp; And sometimes it comes up with little warning.&nbsp; Any interest I lose from leaving the money in these accounts is negligible compared to the return it earns during the short time it&#039;s in play.&nbsp;&nbsp; Again, to each his own.</p><p><br /></p><p>You just need to step back and evaluate your needs.&nbsp; If you&#039;re single and live with your parents, probably don&#039;t need that big of a fund.&nbsp; If you&#039;re married with 2 kids and a mortgage, wouldn&#039;t hurt to have a family emergency fund in the 10k- 20k range.[/QUOTE]</p><p><br /></p>

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