Q: I have $35,000 that I received from the sale of property that I would like to use over the next 6 months to fix up my kitchen. Where can I invest this money to get more than the .25% my bank will pay?

A: Because you wish to use these funds in less than 24 months, you cannot “invest”, you need to just “save” the $35,000. Short term funds, as well as emergency funds need to be liquid. Your bank savings or money market account is the best place to park these funds.

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