JimFromWheeler t1_j2axen8 wrote on December 30, 2022 at 10:27 PM

>we expect to pull from it in the coming year

What is your exact timeline? There's no reason you can't lock it into something safe like a 6-month CD earning over 4% interest. If you put $25k into a 6-month CD earning 4.15%, you'd get just over $500 in that time. There likely are other options out there that will earn you more money but since you sound like you want little to no risk, a CD may be the simplest option.

aav_2202 OP t1_j2cpq09 wrote on December 31, 2022 at 7:08 AM

I wish I had a better handle on our timeline, but we subscribed into a PE fund and need to be able to wire within 10 business days of capital calls, which can happen at any time. I think we could safely put some into a 6-month CD though - do you what bank is offering the 4%+? I was mostly finding high 3%'s in my search. Thank you!