Edit: update I decided on a CD. I may do an index fund in the future. This was a short commitment and easy to understand. Thanks everybody.

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[–] 11 points 2 years ago (1 child)

Money market or CD is going to have terrible return. You will be lucky to match inflation. Get a low overhead SP 500 index fund. By low overhead I'm taking .15% or less. You should be able to find .125% with a bit of poking around.

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  • [–] 2 points 2 years ago (3 children)

    5% is terrible? I have 13k in a 9 month CD at 5%

    Almost a year and I get like $600, doesn't seem so great to me but there's no risk either I guess :/

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