Check out my latest video from Today.com where I discuss the best short term investing options!
Question: My Husband and I are saving for a new home. We want to know if there is a good, secure short-term option for investing: something that won’t freeze up our money for more than a year and isn’t risky, like stocks.
- Open up a savings account with the highest interest rate possible
- Verify that the account is FDIC insured and penalty-free
- Don’t get tied up into a multiple year CD
- Go to www.BankRate.com to compare rates all over the country.
Hope this info helped you!