What's the best way to save money for real estate?

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Brian Lange

Group Member

Jul 1, 2009 9:38:23 AM

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What's the best way to save money for real estate?
Let's say you want to buy a property within 1-4 years where should you keep your money? An IRA, cd, regular checking account or somewhere else?

Edited by Brian Lange on Jul 1, 2009 10:07:23 AM

Cyndi Mino

Group Member

Jul 2, 2009 6:41:57 AM

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Do not speculate with any money you need in the next 1-4 years - buying a home, retirement, medical reasons, college.

I know the rates are terribly low on CD's, and a lot of bonds are considered speculative at this point, but there are some good ones out there and your money will be safe for when you need it

FDIC is now insuring your money up to $250,000 thru 2013

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