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Where to park 70k for <1yr?

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mountain dentist:
I am selling my condo next week and will be receiving ~$70,000. I plan to use these funds to purchase a business sometime later this year. Where is the best place to park this kind of money for a handful of months?

Thank you for any comments or ideas

DS:
High-yield savings / 6 month CD

ChpBstrd:
I'm guessing an online savings account. You might end up paying a fee to exit a CD if the right business deal comes around early. Liquidity is expensive!

I'm assuming any risk is unacceptable. But then again, by buying the business you are getting into something more risky than a stock position!

Another Reader:
Treasury bills.  Rates are higher and no state income tax.  You can buy at the auction through Fidelity, probably the other major brokers as well. Sounds like some laddered 4 week notes possibly mixed with some longer dated notes would work here.

Bill_:

--- Quote from: Another Reader on April 20, 2018, 01:43:32 PM ---Treasury bills.  Rates are higher and no state income tax.  You can buy at the auction through Fidelity, probably the other major brokers as well. Sounds like some laddered 4 week notes possibly mixed with some longer dated notes would work here.

--- End quote ---

Agreed, highly liquid, no state tax and generally higher yield than FDIC products right now.

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