Where to park cash until needed?

[Manuel Savorelli]

I'm looking for a strategy where I can keep seasoned funds until I need them for a purchase. It should be liquid enough that i can access in relatively short time.

TIA

[Frank Geiger]

Originally posted by @Jaron Walling:

My local credit union offered a 6-month CD @ 5% so I put my funds in there. Shop around to smaller banks and see if they offer any specials. I'm hoping they offer it again. I'll just roll the money into it again. 

That's an incredible rate for a CD. I would do the same thing.