Hi Warmwinter:I would offer several suggestions. First CDs from several different banks gets around the 100,000 limits. Just make sure the banks are independent of each other.Second I like the Treasury Direct process to purchase 5 year treasury notes. They are absolutely guaranteed by Uncle Sam if you hold for the required 5 years. While the paper value may fluctuate you know at the end of 5 years you get your money back and interest payments every 6 months.I also hold some fairly high yielding state bonds which I have purchased from one of my banks. They pay 13 to 15% with an acceptable risk level. At least I trust the state - it's not Louisiana by the way.I have avoided bond mutual funds because the values fluctuate more than I want to tolerate. It is fairly simple to by federal and state bonds. They just sit in your bank account and deposit interest occasionally.Good luckJim in New Orleans
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