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Now in 993 land ...
Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,891
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I'd keep it in cash. Go put half of it in a savings account (Capital One has a very good one) and the other half in CDs that are 6 months or 1 year term, so she can take it out on time for her down payment.
I you put it in an index fund and the market crashes, your 250k may be 150k. Sure if the market keeps running up the 250k may be 300k, but that's not worth the downside risk!
G
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97 993
81 SC (sold)
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