Re: Invest downpayment for a new house?
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A CD might get you a better rate than what you are receiving right now.
You do not want to invest in the stock market with these funds unless you are willing to risk losing some principle. You want low risk for the funds you will use in the relative short term.
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Yeah, you can easily get over 5% short-term guaranteed mm funds. Perhaps put 80% in there and 20% in the stock market as a maximum, then a 20% drop would only take 4% off your return.
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