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Greetings, all, where have you been putting your Roth cash and cash equivalents (money market funds)? I decided to look up my Hewitt Money Market fund rate and was dismayed to see it was 0.625%. There is no doubt I can do better than that! Especially because I am in a reasonably large cash position for now because I don't trust which way to move in this market (I am at least trying to learn about TIPS but not sure about them right now either).

ING Direct will let me open a Roth savings account at 2.50% APY right now with no fees. Where else could I do better? Anywhere?

I have a $25,000 chunk of Roth cash at 7% till March 2010 because my credit union was having a CD special but the max I could deposit was $25K. No way to go there any further.

I'd appreciate all input. 2009 is the year when I hope to get smarter about the savings/investment side of my money and I sure have a long way to go.

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