Proceeds from Sale of Home

[Anonymous]

Selling my house this Spring and decided to rent for awhile. Where is the best place to put the money I make off of the sale of my home? Would like to make some interest but also can't afford a lot of risk bc this will be my downpayment when I decide to buy in the future.

[Anonymous]

I would probably just find a decent savings account, like Ally or Cardinal bank.

[Anonymous]

Depends on financial timeframe.

Long term: index stock funds via Vanguard
Mid term: 3-5 years - depends on your risk tolerance. Maybe bonds
Short term: stick with a savings account

Dont overthink it if you are risk adverse

[Anonymous]

Averse! Risk averse!