Quote:
Originally Posted by la60336
Thank you all for your replies. I gather that the safest way to save this money in that time frame is in a money market or a CD. My goal is to be able to "benefit" from the inflated rates that appear to be on the horizon. In 2005-2006 ING was paying about 4.5%-5% for their savings account, so that might be a good route to go. I do not want to get into something that is going to lock me in at today's pre-inflationary rates.
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There are some floating-rate CDs that you can look into. I had one with E*Trade at one point.