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The Money Mustache Community
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Saving Money for House - what to do with it?
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Topic: Saving Money for House - what to do with it? (Read 1708 times)
Farmer123
5 O'Clock Shadow
Posts: 52
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?
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2Birds1Stone
Walrus Stache
Posts: 7915
Age: 1
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.
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charis
Magnum Stache
Posts: 3162
Re: Saving Money for House - what to do with it?
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Reply #2 on:
May 08, 2017, 01:49:04 PM »
12 month CD?
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Saving Money for House - what to do with it?