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Subject:  Invest extra cash? Date:  4/13/2012  1:05 PM
Author:  Itsmutualman Number:  70535 of 88816

A person I know, who is retired, has most of the money they live on in a trust. The trust has $800,000. They also have $100,000 of their own money outside the trust, in a savings account. Would it be a good idea to invest some of that money, since it earns very little interest in a savings account?

If so, what should they put the money into? Would short term bonds, or bond funds be a good choice?

I think that they might want to keep at least enough money for one year’s worth of expenses (minus social security) in cash for an emergency fund though. Very little of the trust money is in cash.
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