Invest money for 9 months
Hi Terry,
I have a bill coming due (no interest due if paid by December 2024. We have the money to pay it, $7500, but would have $10,000 to invest short term (9 months) to make sure we can pay the bill due 12/2024. What is the best investing option for this period of time?
Terry Says
How much are you willing to lose???
I’m guessing the answer is “nothing”!!
In that case buy a 6-month T-bill and when that matures either put it in the bank or buy another 3 month T-bill.
Read this for instructions: https://www.terrysavage.com/t-bills-beat-cds/