Sublime

If my return is high, I might be okay having my principal remain in the investment longer because I’m earning a good return on that money. Most of the time, however, I like to get my principal back as quickly as possible because often my equity position would remain the same, even after my initial principal has been repaid.

For me, the ideal scenario is that I get the principal back in one to two years.

Mike Koenigs and Marissa Brassfield:

Mike admitted, “I’m one of those rate chasers, so [with $40,000 in emergency savings] I’ve consistently been earning anywhere between 0.65 and 0.85 percent higher than my operating money market account . . . That’s an extra $300/year in interest, which is definitely worth changing banks every four to six months for me.”