Chicken money
I’m sorry, Terry. As often I listen I don’t know what chicken money is.😆 What is it and how can I get it? (52 yr old still working) Thanks again!
Terry Says
Chicken money is money you can’t afford to lose. It is the portion of your savings that you don’t want to risk investing.
It only belongs in short-term bank CDs or money market deposit accounts, or money market mutual funds, or Tresury bills. You don’t get rich on the interest –but you don’t lose any of the principal!
