u/PizzaThrives

I recently learned about ROCQ. If I understand it correctly, it is very tax efficient and able to generate more income than straight treasuries.

Has the Boglehead community done any deeper analysis and any consideration for storing cash here ?

Currently I hold cash in USFR and SGOV.

Thanks everyone !

Edit: to clarify, I realize ROCQ is not a cash equivalent but I was led to believe that its NAV erosion is highly unlikely and that it's bound to be stable. Was I misled ? Sorry if this is a dumb question/post.

Im posting this for a fried. lol. No, really, to settle a dispute with my buddy. (Mid 40s, employed, grosses is $10-12k/month)

His emergency fund is $21k.

He had $17k in credit card debt but with 0% interest until September. He had some unexpected big expenses pile at the same time.

Should he use his emergency fund to clear the credit card debt immmediately and then rebuild it? (My suggestion)

Should he leave his emergency fund untouched and make bigger payments each paycheck requiring him to lower his retirement contributions? (He's close to maxing out his 401k and already maxed his IRA).

Was his emergency fund too small to begin with ?

Thoughts team? Let me know what other details you'd need to make the decision. Thanks in advance !