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Updated over 9 years ago on . Most recent reply

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Justin R.
  • Developer
  • San Diego, CA
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Where do you park money in the short term?

Justin R.
  • Developer
  • San Diego, CA
Posted
For those who have built up some capital, when you're buying and selling properties / notes / whatever and there's $$ laying around that you intend to put to work later, where are you holding it? The problem I'm seeing is the next project could come in 1 month or 12 months. I don't want capital doing nothing for 12 months, but I've already once made the mistake of locking it up for too long (not available when I need it). Options I've dabbled in include crowd funding platforms, municipal bonds, and plain old bank account.

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

I don't park anything...it's always moving.

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