It really depends on his exact time frame and how illiquid he can be. It depends on the state for rates, but there are reasonable quality 5 year annuities paying up to 5%. It’s hard to beat Marcus or their equivalents as fully liquid short term place to park money. As I said though, it depends on the amount and time we’re talking about. If it’s a $1000 is the hassle of opening a new account worth it to make what would amount to a hamburger, coke and fries?
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