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Old 01-01-2013, 08:16 AM   #18
scho63 scho63 is offline
Politically Incorrect
 
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Join Date: Feb 2009
Location: Virginia
Casino cash: $7585
Why not buy $2000 worth of corporate bonds or a nice paying utility fund, $2000 worth of a growth mutual fund and then leave the $1000 in a CD or the high INT account.

2.38% is pretty damn good in this low interest rate market.

I wouldn't leave 100% in cash. He has 15 years to let it grow and add to it.
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