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$60,000 what do you do with it?
You've got $60,000 in cash sitting in the bank getting less than 1% APR.
You'll need that money in a couple of years for a large purchase think house downpayment or college, so you can't use it to pay down any debt. (No, you can't toss a big giant party with hookers and drugs either WK.)
My idea is to put the money into a Vanguard fund tracking the S&P 500, which historically has been a good steady rise. Yes, there is some risk, but I feel the growth is worth the risk.
What are you thoughts on what to do with that money?
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