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Learning, Sharing, and Teaching => Investor Alley => Topic started by: Cooperstown on March 31, 2014, 07:25:19 PM

Title: Stable investment option
Post by: Cooperstown on March 31, 2014, 07:25:19 PM

Hello all,

If life goes the direction it is going I should get a opportunity at work.  The downside is I will need to move to a larger city where taxes and homes are generally more expensive.  With that said my wife and I are looking to stay fairly liquid with our cash while still getting better returns then .05% in a savings account or .50% in a CD.  I am looking for some suggestions.  The return doesn't have to be amazing, just a safe place to get better than non-existent returns.

Title: Re: Stable investment option
Post by: brewer12345 on March 31, 2014, 07:35:49 PM

If you can kiss the money goodbye for a year, I would suggest I bonds.  Otherwise, maybe CDs from the highest payers (usually including www.penfed.org) or an online savings account.

Title: Re: Stable investment option
Post by: Cooperstown on March 31, 2014, 08:04:57 PM

I should have been more specific I have a 2-3 year window.  Are you suggesting like an overall vanguard bond fund or a direct t-note type option?

Title: Re: Stable investment option
Post by: brewer12345 on April 01, 2014, 07:34:05 AM

I bonds are a saving bond sold via treasurydirect.  I would do that and CDs in your shoes.