Author Topic: Saving Money for House - what to do with it?  (Read 1003 times)

FarmerAl

  • 5 O'Clock Shadow
  • *
  • Posts: 45
Saving Money for House - what to do with it?
« on: May 08, 2017, 01:39:19 PM »
I currently have about $60,000 sitting in an Ally savings account making 1%.
I will be building a house starting April 2018.
Does it make sense to invest this money anywhere? What other options are there?

2Birds1Stone

  • Walrus Stache
  • *******
  • Posts: 5983
  • Location: Earth
  • K Thnx Bye
Re: Saving Money for House - what to do with it?
« Reply #1 on: May 08, 2017, 01:45:30 PM »
With a 12 month window I would just let it sit tight.

charis

  • Handlebar Stache
  • *****
  • Posts: 1921
Re: Saving Money for House - what to do with it?
« Reply #2 on: May 08, 2017, 01:49:04 PM »
12 month CD?