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Old 08-07-2012, 07:08 AM
 
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My girlfriend is able to save about $15,000 per year after expenses. She wants to save for 2-3 years so she can go to graduate school. What is the best place to put this money in the meantime? She already has a separate emergency fund. She's in a very low tax bracket. Would a 529 plan work or is that for long term college savings? Maybe a CD or Treasury?
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Old 08-07-2012, 07:50 AM
 
Location: The Triad
34,088 posts, read 82,953,336 times
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Quote:
Originally Posted by pete6032 View Post
My girlfriend is able to save about $15,000 per year after expenses.
She wants to save for 2-3 years so she can go to graduate school.
What is the best place to put this money in the meantime?
2-3 years is far too short a time frame for "real" investing...
and speculation is just completely inappropriate to her purpose.

Quote:
She already has a separate emergency fund.
Maybe a CD or Treasury?
Limit the choices to the FDIC insured.
Laddered CD's with various maturity dates would be about perfect.
(well as close to perfect as you can get today)
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