inquisitive
Recycles dryer sheets
- Joined
- Apr 7, 2008
- Messages
- 223
I have saved several months of expenses to keep in checking accounts (haven't decided if it will be 3-6 months). Most of the excess money, which I don't plan on touching for years, I have invested in the stock market.
What do I do with intermediate funds? I might buy real estate within the next couple years, possibly this year if there is a housing correction. I don't want to have a substantial amount sitting in cash and savings accounts rates are low, are there other options? I don't know much about bonds but aren't bonds risky due to interest rate fluctuations?
Should I consider getting a state or government bond fund, so that the interest will be taxfree at the state or federal level?
What do I do with intermediate funds? I might buy real estate within the next couple years, possibly this year if there is a housing correction. I don't want to have a substantial amount sitting in cash and savings accounts rates are low, are there other options? I don't know much about bonds but aren't bonds risky due to interest rate fluctuations?
Should I consider getting a state or government bond fund, so that the interest will be taxfree at the state or federal level?