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re: Looking for suggestions- $100k for 18 months investment
Posted on 1/21/22 at 1:56 pm to ehidal1
Posted on 1/21/22 at 1:56 pm to ehidal1
quote:
Yeah that’s what I figured but wanted to ask. I assume a CD or something is probably best although that isn’t much more than .01% savings return
Actually, so called "Jumbo" CD's will pay you around 0.5 to 0.7 rates. Minimum is usually around 100k. The rates I mentioned are for 18 months. Easy to find on the interwebs.
1
Posted on 1/21/22 at 2:00 pm to Bearcat90
quote:
Actually, so called "Jumbo" CD's will pay you around 0.5 to 0.7 rates. Minimum is usually around 100k. The rates I mentioned are for 18 months. Easy to find on the interwebs.
Would these have early withdrawal penalties? Not sure it is worth it to make $500 over 18 months.
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