House down payment
I have saved around $150k for house down payment and not planning to buy house for at least one more year. Location: Bay Area. Is it adviceable to keep in Barclays saving account for 2.2% or invest in some bonds, ETFs. Again the timeframe is only 1 year and don't want to risk the down payment. TC: ~$300k YOE ~10 yrs
Put it in 12 months CD for 2.7% interest. Capital one is good & there are a bunch of banks who are offering 2.7+ interest.
YOE?
Updated
Invest in Sullie Mae 12 months CD paying 2.85% a year. That's the highest rate you can get for what you are looking for.
Where are you planning to find a 750k house in the bay area exactly?
Look around... prices start around $450k
Savings from my and my spouse salary (in next 1 year) and selling some stocks from my previous IPO company, I will be having healthy $400k+ down payment, so I guess I can target something in Sunnyvale/Cupertino area... I can get a decent house for $2M.
South San Jose has a couple of communities in this range
Leave it. Anything else carries more risk more reward.
Saving account yo