Hi all,
I am in the the 35% federal tax bracket and 6.37 NJ bracket.
I am trying to decide which money market I should put my emergency fund and money I need in 1-2 years.
In doing some math (hopefully right math) these are the ones with the best returns
1. NJ state muni
2. multi-sate muni
3. Treasury money market
4. Regular money market
I do own NJ muni bonds as part of my portfolio so would I be taking too much risk by having both invested in the same state?
What do you think is my best option or I can always split it among the above options?
I am in the the 35% federal tax bracket and 6.37 NJ bracket.
I am trying to decide which money market I should put my emergency fund and money I need in 1-2 years.
In doing some math (hopefully right math) these are the ones with the best returns
1. NJ state muni
2. multi-sate muni
3. Treasury money market
4. Regular money market
I do own NJ muni bonds as part of my portfolio so would I be taking too much risk by having both invested in the same state?
What do you think is my best option or I can always split it among the above options?
Statistics: Posted by BogleAlltheWay — Fri Apr 05, 2024 11:12 am — Replies 3 — Views 276