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Reply to "Where to park cash for 3-5 years that might (or might not) be needed for college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here again. I'm wondering if treasuries might be a good option. We don't currently hold any. Welcome thoughts on this.[/quote] Yeah the simplest play for now is to put in a Treasury money market. Stays liquid, earn 3.9%, interest is state tax free.[/quote] OP here. Help me out here, as I'm a little dense on financial matters, that's why I tend to just go with the target date funds for retirement and college and park the rest in a savings account. I've never owned treasures, but wouldn't it be better to buy them directly than to do a Treasury money market? Isn't the rate locked in for the former, but not the latter? Please correct me if I'm wrong.[/quote]
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