Where do you park your investment savings?

[Andrew Assman]

My wife and I currently have three Ally savings accounts: 1). Emergency fund (4 months or so) 2). Investment savings (automatic contributions each pay period and dedicated to investments outside of our Roth/401k’s) 2). Personal Savings (automatic contributions and dedicated for fun/non investing items such as vacation and personal residence projects) We really like Ally and the APY is much better than traditional savings accounts- currently 1.90% APY. Really starts to add up If you’re saving aggressively. What are other people’s strategies?? Does anyone put savings in other types of accounts? Our current investment horizon is about 1 year our so it seems like a savings account is our best bet to keep the cash liquid.