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Started By
Message
Year End Bonus/Saving for Down Payment
Posted on 1/7/13 at 11:25 am
Posted on 1/7/13 at 11:25 am
Hi MB's. I got a year-end bonus and want to save it for a down payment on a house. I will probably be purchasing a house in the next 12-24 months. I know CD's are an option, but is there anything else i could do with the money that will get a better return (that isnt risky).
Stats:
Made around 73,000 net in 2012
Have 30000 in regular savings account
Bonus was 8000
Any ideas? TIA
Stats:
Made around 73,000 net in 2012
Have 30000 in regular savings account
Bonus was 8000
Any ideas? TIA
3
Posted on 1/7/13 at 1:12 pm to mark_in_table
quote:
12-24 months
savings or money market
Posted on 1/7/13 at 7:22 pm to mark_in_table
Look around at online savings accounts, AMEX pays around .9% and ING is similar.
Posted on 1/8/13 at 9:11 am to mark_in_table
Thanks for the replys. Thats kind of what i figured the best bet would be, just wanted to make sure i wasn't overlooking anything.
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