Author Topic: Where to put money when saving for real estate investments  (Read 843 times)

ericrugiero

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I'm looking for a good place to put money when saving for real estate investments.  The money might be there a month or 5 years.  I'm looking for something that's fairly stable and keeps the cash available but still earns some interest.  Is a money market account the best option for this or is there something better? 

PDXTabs

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Re: Where to put money when saving for real estate investments
« Reply #1 on: May 31, 2019, 10:06:37 AM »
If you really don't want the value to go down, and you might need the money in less than 12 months, I think that leaves you with FDIC insured accounts or something like VMFXX. Right now Ally is giving me 2.2%.
« Last Edit: May 31, 2019, 10:08:52 AM by PDXTabs »

Indexer

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Re: Where to put money when saving for real estate investments
« Reply #2 on: June 01, 2019, 05:53:28 AM »
I'll second VMFXX, currently paying over 2.3%.