If you found yourself with $5000 in your pocket... and you knew full well you had a $5000 expense coming up in 2-3 years... where would you park that $5k to maximize returns while minimizing risk?
For example... Let's say my rich uncle dies and leaves me $5k... and I know my kid is going to need braces in 2-3 years... so like... I don't need need the money... but dropping the cash makes a lot more sense than financing straight teeth.
I basically need to park some money for 2-3 years, and I kinda, really need it to be there on the other end (meaning I don't have the risk tolerance to throw it in Ether or Bitcoin).
My first (and laziest) option is a CD earning like... 1.193%