Gold coins, American Eagles, 1/10 ounce. Or any other recognized gold bullion coins like Canadian or Krugerrand. Both of these are more pure than the Eagle and just as recognizable...

SunTrust Bank is paying 2.5% on Money Market, for accounts with at least $10,000.00.

Ahem.

I just bought more munis at over 5%. Not the best investment but tax-free and insured. Helps me sleep well at night.

quote:

Originally posted by V-Tail:

quote:

Originally posted by irreverent:

Ahem.

I’d be the wife, and I have a few ideas...

Wasn’t trying to impinge on your post at all.

quote:

Originally posted by old rugged cross:
Sig228, please get it right if you are going to make the recommendation such as that.

"Hookers and blow" for crissakes.

Or one of my client's reaction to the internal question of what the hell his bookkeeper would have spent $180,000 of stolen funds on; "COKE AND WHORES BABY, COKE AND WHORES!!"

For that amount and period of time, I would get with these folks:

https://www.viobank.com/high-yield-savings

Monster box of American Silver Eagles and 1 American Gold Eagle.

quote:

Originally posted by Blume9mm:
One of those P226s made and customized in Germany.

I think that is probably a good investment. Should be able to purchase two or three shares of X5 for 10k easily. Call your GunBroker today!

Hookers and blow.

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Originally posted by SIG228:
Hookers, cocaine.

I'm intrigued...What kind of return can I expect on this?

quote:

Originally posted by jhe888:
Hookers and blow.

See above...

With no guarantee it will appreciate. Gold is very high and could go down.

The OP needs to decide if it's one year or 4-5 years, because each of those terms has a different type of investment. 1 year or less is a money market, as several posters have posted. 4-5 yeas suggests stocks. That's enough time for stocks to got through a cycle or two, and still be up at the end. The safest assumption would be an S&P 500 fund. Vanguard is the standard bearer in this.

quote:

Originally posted by Cassandra:
Gold coins, American Eagles, 1/10 ounce. Or any other recognized gold bullion coins like Canadian or Krugerrand. Both of these are more pure than the Eagle and just as recognizable...

It kind of depends on your idea of "safely" parking the money. High interest savings accounts are about as safe as you can get and are currently getting about 2.5% most places. That's as good or better than the CDs I've looked at. That's the zero risk option, with a correspondingly low return.

If you can handle a little more risk, open an account with Vanguard and put it in one of their low expense index funds. The VFIAX previously mentioned as a favorite of Warren Buffett has also done very well for my wife and me in our IRAs. This option is better if you'll be able to let the money sit for a while until the time is right to pull it out.

Higher on the risk scale, open an account with a brokerage like E-Trade or TD Ameritrade and diversify it over some large cap stocks for companies with a track record for stability. You could also diversify into bonds and funds if you desire with this approach.

or even better

Pay off my last credit card.

check all of the fine print prior to signing, very carefully

Only wading into the pool here to advise on purchasing metals, namely quantities.
Once you get to 1 ounce (and up) on single items the premiums are usually much less than smaller weights.

If you want a bolder recommendation, then take a look at platinum right now. Might not increase soon, but it is trading at about its 20 year low, and has a history of being more expensive than gold.

But, you do you.

Crypto. My son has made thousands merely by buying low and selling high - and in very short periods of time.