Where should I put a decent chunk of money that I need to be liquid in about 6 months if I'm not feeling very brave? CDs? VMMXX? Bitcoin (lol)?
If you don't need it for next 6 months, definitely 6 month CD. Otherwise 2%+ savings
CD rates are sometimes lower than savings rates though
Check bankrate.com
SQ
Buy 10k worth of FB stock over the next 20 trading days. Then wait.
Horrible advice. Stocks are not for such short time frame. š¤
Online savings account or CD. Check who offers you the best interest rate.
6 month treasury bill. Itās better than a cd because the interest is free from state income tax.
Ally, Robinhood Savings (gasp not FDIC insured) or Amex Savings. As close to 3% return as you can get. If you can get 3% from a 6 month CD rock on. Hint- 6 month CDs at 3% arenāt a thing.
I assume this is for a house down payment. Leave it at a bank you think you'll do mortgage with and get Preferred Customer. With that status, My bank beats any rate out there and even give back a few Ks. Much better than any interest.
Which bank is that?
Both BoA and Chase have that. So you pretty much have each of them outbid each othera few times.
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CD or 2%+ high interest savings.