Thread: Money Investing megathread extravaganza
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Old 08-12-2017, 01:00 AM   #1240
scho63 scho63 is online now
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Quote:
Originally Posted by TinyEvel View Post
Hi guys.

I have owned a house for 15years. For the first time, due to moves, I sold it and I'm renting...for now. Hope to get back into a home I can buy in about year. In the meantime, the equity I had built up in previous home is sitting in cash savings. How should I invest it to minimize risk (I need it for down payment on next home in about year) but get best return (savings account is less than 1 percent return)
Keep an eye on any capital gains taxes if you sold for higher than purchase plus cap improvements and do not buy for many years to come.
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