That is true but why should I let the bank make all the money off my savings? If I were to lose my job today I could easily find a bartending job like I did in college to support myself in the time it takes to find a new job. My situation may be different than a lot of people and I live in a large city.<p>If I had 15k in savings to buy a house in two years I could put 10k into a CD and still make something like $300. The 5k could be for emergencies and the 10k is still more liquid than a 401k.