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Reply to "What should my mother do with 30K excess cash?"
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[quote=Anonymous]At that age, she needs to consider what will happen if something happens and she needs a nursing home, etc. Probably not worth it to invest it. 0.15% is no good, just shop at bankrate.com for the best rates on savings accounts or CDs. For example Capital One 360 (formerly ING Direct) is paying 0.75% on a standard savings account right now. I use them for our savings.[/quote]
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