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Reply to "What to do with $200,000 for two years if you're risk averse"
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[quote=Anonymous][quote=Anonymous]We have $200,000 that we are setting aside for a down payment on our next house, hoping to be able to keep our current home as an investment property. We plan to purchase this property in about two years. My DH is not willing to do anything even slightly risky with this money, but it seems lame to leave it in savings for two years. Our savings account currently earns .8%. The best CD I can find is 1.25% for two years, which doesn't seem much better considering that then this money is virtually untouchable for that period. Any ideas?[/quote] Nope. But 1.25% APY is pretty good in today's market if you don't want any risk. [/quote]
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