I’m not sure what do to with my extra money. I currently have more than $100,000 in cash sitting in bank accounts getting 5%, some 4% and some 3%. I have other money in funds and IRAs. I want to earn as much interest as possible, but I’m in my late 50′s and I don’t want to take any risks with this money at this stage of my life. What would you recommend I do with it? Any info you can give me will be much appreciated.
If you were in this same situation, where would you place the $100,000 and why?
And for some morning reading:
The 96 Square Foot House (with photos): The conventional wisdom with housing is bigger is better, so would you ever consider living in a house that is less than 100 square feet? You’ll probably be surprised how such a little space can look so comfortable.