what to do with $200k for two years

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I need advice from you wise folks folks here. I'm 34 years old, have $200k cash sitting in the bank and don't know how to make my money grow. I Want to invest it somewhere for two years while waiting for real estate market to be more affordable before I jup in for rental property. Also need to lock the money somewhere so I won't end up spending it on stupid stuff. What should I do?

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H&B, crown vics, black @ vegas, AAPL stock

...

If you really plan to use it all on real estate in 2 years, then 1% money market/savings account or CDs is your only option.

I wouldn't rely on broad market timing to get into real estate investing. Pretty hard to pick anything that will reliably outperform your Target RE market in a relatively short time like that. If you're confident you'll want to get into rental property, are you sure you can't find a viable entry point straight away?

How do you know the RE market will be more affordable in 2 years? If you are that positive then dump it all in a short REIT ETF and get double bang for your buck.

My crystal ball is a little flaky. If I NEED to money to be there in 2 years, ~1.5% 2 year CD. If I would like it to be there in 2 years but could also consider it retirement money (ie long term), then go stocks/bonds with a split you feel comfortable with. 

a 2-year CD

kalaniet said:   I need advice from you wise folks folks here. I'm 34 years old, have $200k cash sitting in the bank and don't know how to make my money grow. I Want to invest it somewhere for two years while waiting for real estate market to be more affordable before I jup in for rental property. Also need to lock the money somewhere so I won't end up spending it on stupid stuff. What should I do?


LOL.....you have predictive powers, huh? If so, you should have no problem finding a perfect investment.

seed money for MS activities. would be able to scale so many deals with that

Freakazoid said:   If I NEED to money to be there in 2 years, ~1.5% 2 year CD.
  Or consider the 7 year CD at Andrews FCU with 3% yield right now.  6 months early withdrawal penalty, so you still come out ahead over a 2 year CD.
 

What if the real estate market goes up another 10% in next 2 years, are you going to wait another 2 years? If the rental property you like is worth $100k today, $110k in 2019, then $100k in 2021, when will you invest it?  For rental property, the cash flow is the key,  If it is negative cash flow, forget that market.



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