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Originally Posted by gar1976
If you're leaving your money in a savings account, you're missing out and wasting possible investment opportunities.
I'd transfer whatever you don't need in the short-term as soon as possible to a higher-yield investment account.
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Not always. I have a chunk of money sitting in a savings account because I plan on using it in about 6-10 months, and for that short of a time, there is no sense in my putting in the market--the risk is too much for such a short term investment, especially when it is something that I will need to have (money for study abroad).