Depends on the exact date, amount and risk. You could do a high interest savings, but that's still not going to give you a good return. A step up is a money market account. A step from that is a CD account. There are 6 month CD accounts, but it's at a lower %. The last thing you could do is head to the stock market. Beware, if you don't know what you're doing...don't start loosing money. The internet has been giving people a false sense of understanding and everyone is trying to give advice. If you're going to go that route, please be careful and be watchful. When I first started investing in the market, I was finicky and would pull out at the first sign of trouble...lost money. But then, sometimes I held for too long...lost money. Research and Awareness.