Letter Re: Where To Park Some Funds?
James Wesley, I read your blog daily for news and inspiration. I just sold my house and have equity that we want to purchase a new home with…debt free, pay cash.We will be looking for a home in Texas, and hope to be settled in in the next 18 months. My question, what do I do with $200,000 in the mean time? I’m terrified to put our earnings from the sale into a bank. Thanks – Stacy D. JWR Replies: In my opinion silver bullion (pre-1965 “junk” coin bags or 100-ounce serialized Engelhard bars) are your best bet, for an 18 …