<prompt> Human: Savings account seems stupid. But where can I put my money so that I can access it quickly and without penalty?  <response>: Why is it stupid? Its an emergency fund. Keep it safe, keep it simple. If you invest it in the market it could go up but it could also lose 40 of its value just when you lose your job and need that money. Its not sexy, its not mind-blowing. Its just to make you feel secure. Now that its established you can start investing with other money. 