Crane Data Subscribers
Crane Data's Tips for Holiday Cash: 1) pay off debts and credit cards first and keep some cash in checking; 2) weight convenience over yield for small balances (1.0% on $1,000 is just $10 a year); 3) favor money funds over banks (they're more liquid and higher yielding historically); 4) look for yields of at least 4.8% currently; and, 5) consider checkwriting, minimums, brokerage/fund family and other options.
