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No. of Recommendations: 2
I don't usually post anything here, just read the posts. But I'm going to jump in with both feet and give you some interim advice.

I'm guessing that you're getting 1 or 2 percent for all that money in a simple money order account. How about taking $100,000 and putting it in a 6 month or 1 year CD at ~5%. Perhaps you could do that 13 times. The money will be safe and you'll have time to think and learn. With the amount of money you have the difference between 2% and 5% will be significant.

I understand that you have no risk tolerance as I have very little, but I've found that information is a great enabler. The folks here -- very kind, generous and knowledgable they are -- recommend a number of books on investing. I'd suggest you go back through the posts and get ONE (no more than one) of these books (from the library) -- more than that will be overwhelming. After that you might want to read a second book.

I've done very well at Vanguard and over time I've taken some risks with a "bunch of money" and I've done pretty well. Sometimes I take $10 or $20,000 and put it into something "risky" and once I have a good return (i.e., when my money doubles) I take out my original investment and put it that amount back into something conservative and very safe. If anything goes down 10% (in some cases) or 20% (in other cases), I plan to jump, but I haven't had to do that yet.

I believe that when you're stumped it's important to take some measured and safe action. Then all the other actions become easier.
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