[TTChamp]

Alright money guys, hook me up!

My wife is finishing school and starts a job next month. We have no debt aside from a car loan with about 7k to go over the next 2 years. I have about 25k in savings that I'm embarssed to say has just been sitting in a savings account for several years.


Here is some more background:

1. I can't forsee any serious need for acess to my savings until August of next year. At that point I will potentially be moving and buying a house so I want to have access to my savings in August.

2. As far as risk goes, I would be willing to make a riskier investment with 2-3k of this money, but for the most part I want to keep the principal (right one?) in tact.

3. I am lazy when it comes to managing my money so anything that would require more than weekly attention is undesirable.

4. I have separately set up a retirement savings plan.

5. Once my wife starts working, our income will be significantly more than our spending, so we should beable to save another 20k or so between now and August.

My question: what should I do with this money? Maybe a CD is the right answer?

Thanks for your help.