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Reply to "Too much money in savings account - where to put it"
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[quote=Anonymous]OP, I'd suggest a Capital One Sharebuilder account. You can link it to your Capital One/ING savings, which makes it easy to move the money into it. We have our "emergency funds" in the regular savings and the rest of our funds that aren't in actual retirement accounts (401K, IRAs) invested in the Sharebuilder, mostly in index funds. We're relatively young and just starting out, so we can tolerate a fair amount of risk in our portfolio. Not only have we seen steady growth in the year we've had the Sharebuilder, it's relatively easy to get the funds back out if we need to use them (reasonable fee and delay, but we can get to it). [/quote]
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