travelover
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 31, 2007
- Messages
- 14,328
I think I know the answer to this, but before I do something stupid, like put it all on red, I thought I'd ask.
We just sold our house and have a check for about $400K. Plan is to rent for the next 12 to 16 months*, then buy a new home for cash.
The obvious answer is to park it in a CD at some place like Ally. Any other creative alternatives? It kills me to be paying $1700 a month for rent and earning 1% on my money.
* We'll be buying in a new state and want to try it out before buying
We just sold our house and have a check for about $400K. Plan is to rent for the next 12 to 16 months*, then buy a new home for cash.
The obvious answer is to park it in a CD at some place like Ally. Any other creative alternatives? It kills me to be paying $1700 a month for rent and earning 1% on my money.
* We'll be buying in a new state and want to try it out before buying