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Reply to "Too much money in savings account - where to put it"
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[quote=Anonymous]My husband and I have recently inherited several hundred thousand dollars. Some was already invested or in an inherited IRA but some is the result of property sales and is cash. We already have a healthy emergency fund and don't want to make any quick decisions of what to do or how to spend it. However, I'm feeling uncomfortable having that much money in a savings account that's earning little interest. It's currently in an ING Capital One account. Any recommendations on where to put $100k or so that is very low risk and easily accessible. We're not ready to invest it yet and really would rather just ignore it for a few months while we get used to no longer being poor. We may end up just leaving it where it is, but if anyone has any ideas of equally conservative places to keep it with slightly better rates of return I'll gladly consider them. Thanks![/quote]
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