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what to do with $100k?

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  • what to do with $100k?

    refi'ed my house to pull cash to buy another home, short term is 6 months to spend the cash - and right now in a 5% savings account, is there any 'safe' way to make more cash while it sits waiting for me to find a home?

  • #2
    Short answer...no.
    The easiest thing of all is to deceive one's self; for what a man wishes, he generally believes to be true.
    - Demosthenes

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    • #3
      haha - ok thanks

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      • #4
        I agree, let it sit in a money market! I am getting 5.25 % at my local bank.

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        • #5
          Originally posted by Toadster View Post
          refi'ed my house to pull cash to buy another home, short term is 6 months to spend the cash - and right now in a 5% savings account, is there any 'safe' way to make more cash while it sits waiting for me to find a home?
          If you are sure you've got 6 months, you might be able to boost the yield a bit with a 6-month CD. Check bankrate.com and your local banks for the best rate.
          Steve

          * Despite the high cost of living, it remains very popular.
          * Why should I pay for my daughter's education when she already knows everything?
          * There are no shortcuts to anywhere worth going.

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          • #6
            Toadster: from 100k on Forex, you can make enough profit for yourself.

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