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Chris Pelley
  • Albuquerque, NM
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Where to park cash between sales

Chris Pelley
  • Albuquerque, NM
Posted Jul 27 2014, 15:43

Hello,

My wife and I will soon be collecting net proceeds from a home sale in the 5 figure range. Our plan is to sit on the money for ruffly 6 months while we deal with some other financial things before re-investing into a new property around April. I am seeking advice on a smart place to park the money while we wait so we can gain more interest then the standard 0.1% a normal savings account can offer. Thank you in advance for any and all advise!

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