Our house is on the market and we are planning to move from the Midwest to a warmer climate for a year to see if we like it. Any advice on where to park the money once the house is sold?
Since the money needs to be liquid, I don't want to tie it up in stocks and bonds. I was thinking money market, but those are not insured. I need the money to be safe and liquid so when we are ready to buy another house it will be immediately available.
I may need to sacrifice a good interest rate for security.
What are your thoughts? What would you do?