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Should I invest my cash in BND while I'm still searching for a house?

Asked by samf (21points) August 3rd, 2013

I have some cash which I’ll use to buy a house from now till I actually find one. But I don’t want my cash sitting in my checking account earning pretty much nothing. Should I invest in BND for now until I need the money. The bond ETF is easy to liquidate and somewhat stable to preserve my cash. Is there better alternative?

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