Where to park 500k until next investment?

Where to park 500k until next investment?

Member since 2023 · 40 posts · 10 votes

Hello,

i am relocating to CA from East Coast due to my job. I have 500k emergency cash in a HYSA and another 500k in equity in my current home that I am contemplating to sell.

What would be a best place to park my emergency funds (as well as the proceeds from sale once I decide to sell) until I finalize my next investment. Appreciate your inputs.

Thanks

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  • CO · Member since 2022 · 590 posts · 428 votes
    3y

    I mean, hate to state the obvious but a HYSA or money market offers good interest and good liquidity time frames. 

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