Where to put proceeds from home sale

[Butcher]

Hey everyone, my family and I just sold our home and we bought land to build on this coming year. But with winter upon us we are having to wait until spring. Should I park the sale proceeds in a high yield savings account? Regular savings ? I dint want to do a cd because who knows when for sure we can start and dont want it holding anything up. Open to suggestions
Thanks

 

[kwyeewyk]

 

[npaden]

BTC!

 

[MTGomer]

Talk to your banker. They may be able to do some kind of short term CD

They like large sums of money. So I’ve heard. Maybe will find out for myself someday.

 

[Southern Elk]

Talk to your banker. They may be able to do some kind of short term CD

They like large sums of money. So I’ve heard. Maybe will find out for myself someday.

A 3 month CD gets you the highest rate right now.

 

[JohnCushman]

I can give you my bank information....

 

[Laszlo Cravensworth]

I can give you my bank information....

When I saw that you were the last comment on this thread I was really expecting something else...

 

[BigHornRam]

Hey everyone, my family and I just sold our home and we bought land to build on this coming year. But with winter upon us we are having to wait until spring. Should I park the sale proceeds in a high yield savings account? Regular savings ? I dint want to do a cd because who knows when for sure we can start and dont want it holding anything up. Open to suggestions
Thanks

Stage your cd's with a 3 month, 4 month, and 6 month. Don't need every dollar available, when you break ground.