Where would you put $10k?

[kdibattista]

If you had $10k that you needed access to in 6 months, where would put it/invest it???

 

[Pugdog007]

savings account

 

[MushyMushy]

Would it work to get a 6 month CD?

 

[Kitty 34]

I would put it in a CD.

 

[C.Ann]

Would it work to get a 6 month CD?

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Some banks used to have 3 month CD's too.. Don't know if they still do or not..

 

[DawnCt1]

Vanguard Money Market.

 

[lesroi]

I think I would probably put it in my ETrade savings account. It's getting 5.05% interest which is fairly comparable to a CD and no penalties for early withdrawl. I would hate to need it unexpectedly and have it in a CD with penalties, or have it in a mutual fund that dings you for withdrawls and charges a maintenance fee (and isn't guaranteed not to lose value.)

Good luck with your decision!



Tracy

 

[nhrenee]

If you don't need it to be available, a CD.

 

[gradtchr]

Online savings account like Emigrantdirect.com which has 5.05 interest.

 

[Mrs.Toad]

In my bra.
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Well, for real, probably our money market account.

 

[crcormier]

Cd

 

[Buckalew11]

I'd probably call my financial investor and ask him. I'm thinking a 6 month CD (??) I've seen some around here that have some decent rates. If not, my money market account gets a better rate than just my savings account.

 

[disney-super-mom]

In a CD or money market account.

 

[sajetto]

CD here too. You could always do a 3 month with some banks. Although the interest rate is usually lower you'll have the peace of mind that you will have access to it again soon.

 

[crossfamily]

Online savings account like Emigrantdirect.com which has 5.05 interest.

Have to agree here thats where our money is and very easily accessible!!

 

[Anewman]

I would put it all on black.

 

[Free4Life11]

Absolutely an online savings account. Most brick and mortar banks offer pathetic interest rates. If you put it into HSBC or ING you can get around 5% interest. It generally takes 2-3 business days to transfer the money to your checking account.

I just checked and HSBC Direct is offering 6% APY interest rate on all new deposits, valid through April, after that it goes back to the regular rate of about 5%.

 

[John VN]

HSBCusa.com is having a special 6.00% on new accounts. Check it out

 

[minechuchie]

I would look for a money market account or a market advantage account. Look for one that has around 5.00% interest. You can generally lock these in for anywhere from 3 to 12 months. The great thing about these types of accounts is that the money is available to you at any time. Call around to all your local banks and see what deals they will offer you. Good luck. Terri

 

[hlbtimes2]

I would compare the rates for a CD or an ING direct account. ING has pretty good rates, no fee's and you could take it out with out penalty when you need it.