Suggestion on short term investment

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Acer79
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Suggestion on short term investment

Post by Acer79 »

Hello,

Looking for ideas on where to park my money from a sale of a home for 5 months and then moving it into the new home after.

Thanks in advance.
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Peculiar_Investor
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Re: Suggestion on short term investment

Post by Peculiar_Investor »

For short term investments such as this, return of capital is far more important than return on capital.

Therefore the standard recommendation in these types of situation is to use a GIC or High-interest savings account and accept whatever guaranteed rate is available.
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