I need to store 50k for two -three years. Needs to be really safe but at the same time I would like a nice return to at least keep me ahead of inflation. Any thoughts...
2006-06-20 12:56:02 · 3 answers · asked by aran r 1 in Business & Finance ➔ Investing
6 mo t-bills pay 5% and that is likely to increase. They are relatively safe and free from local taxes. If you live in a high tax locality, that will beat cds. You can set up an account directly with the U S government and role them over as they come due.
2006-06-20 16:17:14 · answer #1 · answered by Anonymous · 0⤊ 1⤋
With a CD the best you are going to find is a little over 5%. Look into Bonds.
2006-06-20 13:03:18 · answer #2 · answered by Dr. Bugly 4 · 0⤊ 0⤋
www.bankrate.com
lets you search for good rates in your hometown or on the net
2006-06-20 12:59:23 · answer #3 · answered by sideshot72 3 · 0⤊ 0⤋