Where to park $20-30k for max 2 years?

LINK


If you’re excluding stocks, are you interested in bonds? What % return are you looking for?

HYSA

any basic MMF with any of the main brokerages....vanguard, fidelity, schwab all have them.

or you can throw it into SGOV. same returns basically.

Cellos as an investment? Certainly not an instrument I’ve considered although those are beautiful. I might invest in a violin if Hillary Hahn is part of the deal.

I’m open to bonds or whatever investment gives a guaranteed rate of return. Another poster said to get a CD with 4% interest. That’s not bad considering the best rate I’ve seen from the institutions I bank with is closer to 3%.

I thought the board might know a couple of places where the rates for CDs, money markets, etc are above market or have other options.

60% SPAXX
20% VUG
20% VTV

I’d dollar cost in monthly to the ETFs to avoid timing risk. I’m at around 9% annually and have a rule to start paying close attention if the ETF’s have a 15% trailing loss.

This is the rainy day fund and it’s where all of the cash goes and comes from if we need it.

MO

quote:

---

Two year t-bill rates are around 4% and fully liquid any day you need the cash.

I use short-term t-bills to park cash all the time in my Schwab account.

And the interest I earn on them is fully exempt from Louisiana state income taxes.

---

I have enough money in my HYSA to cover a few months of bills. The rest of my emergency fund cash is laddered in short term t-bills. Easy enough to access. Better rates than CDs. No state taxes.