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Best low risk, moderate return for short term?
Posted on 7/12/16 at 11:38 pm
Posted on 7/12/16 at 11:38 pm
I've got cash sitting in checkings and am looking to do something with it. Catch being that I will definitely be spending the money over the next 12 months. What's your recommended vehicle? I'm looking at high yield savings but it's only 1%. Anything better that I should consider?
This post was edited on 7/12/16 at 11:39 pm
1
Posted on 7/13/16 at 7:18 am to lynxcat
Find a bank that has a rewards checking program. A Kasasa account may be offered by a bank in your area LINK. I use St. Martin Bank and get 3% on up to $10K in checking and 1% on up to $50K in savings. Not the best returns but it's guaranteed if you hit the monthly qualifiers and there is zero risk.
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