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Reply to "120k in cash"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you need it in two years i would not put it at risk. Look into i-bonds, but otherwise leave in cash and suck it up with the crap yield. If you truly don't need access to it try to find a CD for a marginally higher yield.[/quote] I am really not conversant in these terms. What are i-bonds?[/quote] I-bonds is issued by U.S government. It has two parts to it, interest rate and inflation rate. Interest rate is locked when you buy it and it usually is very low. Inflation is changed based on inflation each year. For the past few year, there is no inflation, so you got nothing from inflation portion. Since you are going to use the funds in two years, I would put it into two year CD.[/quote]
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