I am in the process of selling my house and since it is paid for, expect a 6 figure amount once the transaction is finished. I will not need those funds for 3-5 years when I return to the USA and will most probably buy another house with the cash from the sales proceeds and investment income. So, the goal for the funds is capital preservation with some return.
I have set up a VG MM account to receive the funds but am undecided on if/where to place the funds afterward. The last time I did this, I got a three year CD. I have researched the Bonds versus CDs and it seems to depend on one's risk tolerance. I've also thought about just letting it sit in the VG MM.
So, since this group is fairly diverse and yet financially savvy, I thought I'd ask: what do you see as pros and cons of the three options and what would you do?
I have set up a VG MM account to receive the funds but am undecided on if/where to place the funds afterward. The last time I did this, I got a three year CD. I have researched the Bonds versus CDs and it seems to depend on one's risk tolerance. I've also thought about just letting it sit in the VG MM.
So, since this group is fairly diverse and yet financially savvy, I thought I'd ask: what do you see as pros and cons of the three options and what would you do?