Cash investing for short term ( less than a year)

[Natalia Davis]

Please recommend a SAFE way to invest cash ( ~20k) for a short period of time, about 6 months. 

[Randall Alan]

Quote from @Natalia Davis:

Please recommend a SAFE way to invest cash ( ~20k) for a short period of time, about 6 months. 

@Natalia Davis

High yield savings account or CD's are both paying 5%+ APY. Check out Bask Bank as one of many examples - FDIC Insured. With rates expected to be cut next month I would suggest a 3-6month CD to lock in the higher rate as long as you know you don't need the money early. Otherwise with the savings account your money is accessible any time.

All the best!

Randy