I did a cash-out refinance on my house and took out 100K which I plan to use beginning in the spring of 2019 for a building project.
It has been sitting in a checking account doing nothing for a couple months now. I am wondering what a good option would be for short term parking for something like this?
Maybe a CD? Maybe an interest bearing checking account? Also, as builds go, the whole chunk will not be spent all at once, so some of that money might sit for even longer than 6 months.
thanks for the ideas.