Where to save money

[JTsyo]

SO I have a lump of money that I plan to use for a down payment on a house anywhere 1-10 months down the line. Right now it's sitting in a money market account that was getting ~5% but that has now dropped to 1.3%. Question is where can I put it where I can get a good return but have it liquid enough to get to it when I need to?

 

[Capt Caveman]

ETrade Savings Acct, currently at 3.45%

edit - I would move it into another money market or online savings account that's paying a higher interest rate. If you're not purchasing anything for another ten months, you could earn hundreds of dollars more in interest.

 

[olds]

Doom and gloom

 

[FoBoT]

for that short term with down payment money, leave it in the money market account
you shouldn't be taking risks with that type of money in this type of economy/market

 

[SunnyD]

Nigeria.

 

[Mo0o]

Charles schwab checking has 3.2% i think

 

[SunnyD]

Bear Sterns...