Investing

Many people believe that SPAXX is fully state tax exempt in the US. Not so fast! There’s a quick, but important, tax nuance that’s easy to miss if you hold Fidelity cash / mutual funds like SPAXX, particularly if you live in three specific states. A lot of people hear “government money market” and assume […]

Your emergency fund shouldn’t just be a static pile of cash. You certainly shouldn’t leave it in a checking or savings account with paltry interest. God forbid! The savvy are content to leave it in a money market fund or a high-yield savings account, which I believe is perfectly reasonable. But if you don’t mind