Updated over 6 years ago on . Most recent reply

Best Place to Put Money Short Term (2-3 years)
Hello,
Over the next 2 years, I'm going to be saving 50% of my W-2 income. I'll be using this money after the 2 years as my "savings cusion" and maybe a downpayment. I was thinking instead of letting it sit in a savings account with .01% APR, why not try something else with a little higher %APR. I'll be depositing money every week, so certificate of deposits won't work. I've thought of a money market account, thats about 2.5% APR. What do you all suggest? Thanks.