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I found Whitney Tilson's article today intersting and disturbing. I'm saving to buy a house in the next five years. Most experts advise that if you're investing money to be used in a few years, bonds are the way to go.

This means that right now I'm buying bonds which may be way overvalued so that in a few years I can buy a house which may be still overvalued (I can't bring myself to root for a burst of the housing bubble).

What is one to do? Where are others placing there short term investments?
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