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Forum
-> Household Management
-> Finances
multitask
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 Tue, Oct 04 2011, 1:57 am
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I have some saved money, not too much but about $15k which I currently keep in a gemach. Im trying to save up for a downpayment for a house but this will still take a while. So for now, I would love to put my money somewhere it should at least grow a little bit. Where is a good and safe place to invest or save?
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gp2.0
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Wed, Oct 05 2011, 11:41 pm
Well if you won't be needing the money for awhile you can look into locked CD bank accounts which offer higher interest rates than regular savings accounts.
Or you can talk to someone who deals with investments and put it into mutual funds.
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