Where to park a large sum of money while we shop for a house?
April 29, 2019 8:00 PM Subscribe
We are selling our house in one of the highest-cost areas of the U.S. The sale will close in the next few weeks. At that time, we will have a very large sum of money on our hands, in the mid-six figure range. Once our house closes, we will be looking for a new house in another area of the country. We'd like to keep our money liquid, so that we can act quickly if we want to make an offer on a very desirable house. However, there's got to be a better place to park such a large sum of money than a vanilla joint checking account. Any suggestions on High-yield accounts or other types of accounts that you may know about would be greatly appreciated.