Everyone needs an emergency fund equal to three to six months of income.
If you don't have one, put your $5,000 here. The principal is virtually bulletproof, the fund is easy to tap and you'll reap high yields while the money is on call.
May 1 yield: 5.22 percent
Best rainy-day fund: Vanguard Prime Money Market Fund
| A remodeling trend may look good on paper, but it may not make your home more livable - or more valuable. These five alternatives will. (more) |
