Better returns than a savings account for Real Estate Investing

[Juan M Restrepo]

Hey guys, I been trying to figure out what to do with the money I put on my savings account that is intended to buy Real Estate. My savings account provides a 2.36% APR and quick access to the money. In my mind this is very low returns. Saving money for Real Estate may take a year or even more so It would be nice to get a better return somewhere while I accumulate enough for a down payment. I get 50 % percent match up to 3% of my total salary. I would be interested in a ROTH IRA so I can use that money quickly but I am nowhere close to the 5 years I need to have the account so I do not have to pay penalties. I was also thinking of putting the money in the index SP 500 but I am not sure how quickly I can get those funds out if I find a real estate deal. I just want to see if there is a better way than a savings account to accumulate money for Real Estate Investments.

Thanks guys.   

[Theresa Harris]

@Juan M Restrepo  If you are literally talking about a year down the road, do the math and see how much the interest is on the amount of money you have in that account.  If your employer does matching, I'd max out that option as you will never get a better return than that.