Possible Investment Options for our Home Fund

[Eric Klug]

Hello!  My wife and I have a small amount of funds that we sat aside when we purchased our home.  We figured we could use it for any improvements, or when something inevitably breaks in the house.

We keep 30% of it readily available in a savings account, and the other 70% is in a different bank's savings with a higher yield.  As bank's interests rates are kind of abysmal, currently, does anyone have any suggestions on where else we could invest <10k for a reasonable return?

Being that my wife's risk tolerance is less than my own, I'd like to have the best of both worlds (haha) of having a decent return with low-medium risk.  I appreciate any insight.

Eric

[Alex Olson]

Originally posted by @Eric Klug:

Hello!  My wife and I have a small amount of funds that we sat aside when we purchased our home.  We figured we could use it for any improvements, or when something inevitably breaks in the house.

We keep 30% of it readily available in a savings account, and the other 70% is in a different bank's savings with a higher yield.  As bank's interests rates are kind of abysmal, currently, does anyone have any suggestions on where else we could invest <10k for a reasonable return?

Being that my wife's risk tolerance is less than my own, I'd like to have the best of both worlds (haha) of having a decent return with low-medium risk.  I appreciate any insight.

Eric

Nothing that is of any real value. Might make a few $100 a year but won't have access to it. But could consider a money market account but any investment is risky. Maybe buy some real estate!