Government t-bills.
As far as a short term interest collecting vehicle, it is absolutely safe. It doesn't accrue much in interest, but that is the risk.
How conservative do you need to be?
What are the circumstances surrounding the
Quote:
(It will become someone else's 6mo and two weeks from now.)
|
statement?
Now, looking into my crystal ball, I look at a few possibilities:
1. There has been a classic 'Bank Error In Your Favour, Collect 100$' monopoly game events, and you are syphoning the interest off before they realize their mistake.
2. There is a money-laundering thing happening, where you are hiding it for someone for a specific amount of time. Is one of your good buddies getting a divorce, and he wants to "keep it away from the Bitch's lawyer"?
Please be careful when attempting to syphon interest... the courts often decide that you need to pay back all accrued interest as part of the damages.
If everything is legit, and you need absolute security, always go fo a government (or huge big bank) investment certificate...