Ask Terry Questions What short term investment (six months) makes sense for $50,000 in cash?

What short term investment (six months) makes sense for $50,000 in cash?

By Terry Savage on June 16, 2014 | Chicken Money

I have some cash to invest until I buy a house next year, not earning anything at the bank. Do you have any suggestions?

Terry Says:  Well, I’m not sure you’ll think this “makes sense” — but the only short-term investment that does not carry the risk of loss of any of your principal is a bank money market deposit account or 6-month CD!  Go to www.Bankrate.com to find the highest yielding insured MM accounts and CDs.

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