Where is the safest place to park the profits when I sell my investments?

Q.

I am considering selling my investments to take advantage of the large first home buyers pool. I wonder where would be the safest place to park the profits, considering the current and future - next three to five years - state of the economy?

You have chosen a difficult time frame because it is generally accepted that shares will give the best returns over the long haul, but you should not invest in them unless you have at least a seven to ten year time frame. Your best option may be to sit down with an adviser and discuss your goals and your risk profile. This should help you to decide on what strategy is appropriate for your situation. Your age, and the amount of capital gains tax that would be payable on the sale of the property, are important factors in your decision.