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Subject:  ETFs for short term savings?? Date:  10/3/2012  8:07 AM
Author:  TEWBad Number:  259386 of 278156

Be gentle, I'm a complete novice here.

I have ~$8-10,000 that is in savings right now until I use it for a down payment later. I will need this in about 5-6 months and I'm looking to make more than 0.01% on it. I have a brokerage acct with free ETF trades, so I'm wondering why not put this money in a balanced variety of ETFs and just set a conservative limit loss order to prevent any big losses?

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