Situation-starting from zero I wish to save between 60-70 thousand dollars in 6-8 years in order to purchase a home. I've researched the high interest savings accounts, and the most I can save in these things is between $10,000 and $15,000. With the direct deposit and debit transaction requirements one or two of these accounts is doable, however that only covers half my savings.
My question-what available instruments are there for storing my money that can keep pace/beat inflation (2-3%) and is totally safe? I see CDs available, and I don't have much problem locking the money away, but I don't have much money to open one, and would prefer to drip into accounts every week. Anything worth trying out there?