What kind of savings account should I put my $20,000 fellowship in?

March 15, 2009 by admin  
Filed under Questions and Answers

savings account
fancy_muskrat asked:


I have just had a fellowship in the amount of $20,000 deposited in my checking account but I won’t actually be using it until September. What kind of savings account should I put it in? A 6 month cd?

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Comments

2 Comments on "What kind of savings account should I put my $20,000 fellowship in?"

  1. MasterPython on Mon, 16th Mar 2009 8:41 am 

    A high interest savings acout or a short term term deposit wuold be your best options.

  2. kckid2 on Wed, 18th Mar 2009 7:11 pm 

    ING Direct.

    Treasury Bills.

    6 mo. CD

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