Best place to stash cash for 3 years?

Metlife bank

Again, banks are only offering up to 2% right now. The link you sent offers 0.6%

@saservp I guess that I got a better deal. Sorry

I would look into bond funds….I have no real recommendation but the bond funds in my 401 have weathered the financial storm the last 2 years with over a 3.8% return. I’d contact a broker or do research at Morningstar.com or Motley Fool.com to start your own reasearch.

A money market account at Wachovia can get you 3.75% with a $10,000 minimum balance. Since you have that base, that may be the way to go. Check money market account rates.

@BarnacleBill I see only 0.10% for the MM with > 10k

https://www.wachovia.com/savings/money-market.html#panel3

Rates are going to be horrible now wherever you look. Anything that offers you a high rate will have a high risk of losing the investment. I agree that if you want something reasonably safe, check out a bond fund. Make sure the fees are low, like Vanguard or a similar company. You don’t want, for instance, to be investing in something that has a 2% rate of return but a 1% fee. Vanguard has short term index bond funds that might work for you.

I don’t do this but check out the rates on www.paypal.com .

ING Direct

With the financial uncertainty around for the next 3 years, consider putting it in gold or precious metals.

@ETpro I disagre. Gold is too volatile, and has reached a peak recently. Also, it’s hard to get real gold as opposed to just gold “on paper”, and the fees are high.

@Rarebear You may well be right. I have not checked recently. I just know the gold dealer Glenn Beck is pitching is a total rip-off.