Where to park $1.3M cash?

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breakthing

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breakthing
Jul 21, 2018 75 Comments

Got $1.3M cash from parents to buy a place but for personal reasons, I can't buy until at least 6 months from now. What's the best way to park this money for 6-12 months?

I'm thinking to put in High yield saving accounts 1.3-2%? But FDIC insurance is only up to $250k.

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