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ideas to invest 50k short term ( ~ 2 months)


               
2012 Jun 4, 3:01pm   5,627 views  8 comments

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Where would you 'park' 50k for 2 months?
It is sitting in a money market account earning zero. I am wondering is there a low-risk parking place with a modest return?
or should I just leave it as it is?

#investing

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7   drew_eckhardt   @   2012 Jun 4, 4:43pm  

Waitingtobuy says

A modest return for two months? Even if you found a checking account paying 6% that was government insured (and you won't), then that 2 months would yield $250 pre tax. After taxes, more likely $200.

If such a thing existed, setting up the account on-line and faxing to verify ID would pay over $1000 per hour pre-tax and be entirely worthwhile.

8   FortWayne   @   2012 Jun 4, 4:53pm  

Depends on how much risk you are willing to take. Nothing out there will make you any money in 2 month when it comes to standard investment vehicles.

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