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My 74 year old tennis partner's $25K 1year CD matured. He asked me for advice. Current CD interest rates are very low, other short term {<1 year) investment yields look pretty low. I-bonds don't appeal to him because they are 5+ year investments.

Where can he stick $25k for a year in a fairly safe place that yields better than 3 or 4%per annum?

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