... what to do? My mother's house has sold, and I will be receiving a not-that-large sum of money ($150K) that, aside from her social security and her small pension, is the whole amount of money she will have forever and ever. As the POA and responsible party, I need to figure out what to do with the money to maximize income so that her last years in a nursing home are not burdensome to her or to us.Granted, it's not a lot of money. However, even as a complete neophyte to the world of finance, I have a suspicion I can do better than a money market or other savings-type account. Any ideas?
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