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Looks as though I am going to be asking another question along the same lines as the last poster :-)

We've just had notification of my summer bonus and we want to put it aside to start saving towards my hubby's military retirement in 4-5 years' time. It will either help pay towards us moving closer to family, or will be put towards the downpayment on our first home, so we really don't want to risk it too much.

I had always thought a CD would be the way to go but honestly, I'm not seeing anything very impressive out there right now. I was considering sticking it in AIBAX (as I can buy at NAV, work privilege) but then I logged on here and saw the last message and so I'm curious about the differences between AIBAX and VFIIX.

Now, I can see that VFIIX is backed by the government and has a slightly better yield than AIBAX right now. The average durations seem very similar. What else should I be looking at, or is it really that straightforward a decision and I should head for VFIIX?

Bear with me if this is a basic question - I'm on a steep learning curve, we don't have a huge amount of money in the world and I don't want to make a silly mistake. Thanks in advance!
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