Investor · Chicago, IL · Member since 2016 · 60 posts · 45 votes
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.
Investor · Chicago, IL · Member since 2016 · 60 posts · 45 votes
8y
Thanks for all the replies. This thread gave me tons of opportunities for digging. If anyone's curious where I ended up, I'm taking half the funds and investing in treasury bills, specifically the 4 week maturity bills. I'll be scaling in every auction because the rates have been rising each auction and I want to play around a bit with the interface and get a feel for how it works. Once I get the hang of it, I'll grab bigger chunks. The other half of the funds will be used in more fun (read : risky) investments. Cheers.