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Jesse M.
  • Investor
  • Chicago, IL
45
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Where to stash cash for short term?

Jesse M.
  • Investor
  • Chicago, IL
Posted

Howdy. I'm looking for recommendations on which vehicle I should use to stash some funds to be used at a later time. Let's say it's more than 10k but less than 200k. A friend suggested municipal bonds but I'm not sure I'm interested in that. My CPA recommended treasury bills. My intention is to keep these funds somewhere liquid so I can pull in 1-3 years for real estate purchases. Liquid is key. I'm waiting for the eventual correction fire sales. 

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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,477
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

Ally savings account is 1.85%

pretty hard to beat compared to Tbills and perfectly liquid

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