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Old 09-15-2005, 07:49 AM
EStreet20 EStreet20 is offline
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Location: Sayreville, NJ
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Default Re: So what do you do with large sums of money?

If you don't need it for two years and the stock market isn't your thing I'd suggest buying a CD from INGdirect. It's basically a fixed rate savings account that you can't touch for a fixed period of time, and ING's interest rates are excellent.

Good luck,
Matt
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Old 09-15-2005, 09:39 AM
stoxtrader stoxtrader is offline
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Default Re: So what do you do with large sums of money?

Quote:
If you don't need it for two years and the stock market isn't your thing I'd suggest buying a CD from INGdirect. It's basically a fixed rate savings account that you can't touch for a fixed period of time, and ING's interest rates are excellent.

Good luck,
Matt
agreed - just spend a bit of time on bankrate.com looking at rates. and remember you are sacrificing liquidity for return.
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