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In Jan 2004 I sold my house($250K, with $170K equity) in Charlotte, USA before moving to Tokyo on a three year international assignment that will end Dec 2006.
With the equity from the house plus other savings, I have $500K in cash that I want to invest; but be able to use it to buy a home when I return to USA; which could end sooner than Dec 2006 depending on business situation.
I do not quality for Roth IRA.
What are my options?
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