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About LinkBacksThis is the money for a project the down payment, but the permits will not be ready in at least 45 days, so I will have this money sitting there while we start doing bussines.
Should I invest it? Short term, very safe investment? Any ideas??
Junior Member
This is the money for a project the down payment, but the permits will not be ready in at least 45 days, so I will have this money sitting there while we start doing bussines.
Should I invest it? Short term, very safe investment? Any ideas??
Put it in a CD.
YE Veteran
If it's a down payment for a project, then you should just deposit it into a secure interest bearing account or in an escrow account and wait until the project is complete in case you may have to pay it back if the project is not done. Actually, the money is not yet yours until the project is satisfactorily complete.
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