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Where would you place about 250,000 to 300,000 (after taxes) until you decided where you wanted to invest it?
The person/couple I'm advising has a great cpa but is having trouble finding a financial advisor they feel comfortable with.
They are considering placing the money into three separate money market accounts (to avoid the 100,000 limit on insurance banks have), but I bet the Fools here have some better ideas.

The couple doesn't want to rush into bad decisions. I can't make any specific suggestions except to have an emergency fund and pay off credit cards. They have been burned in the past by Merrill Lynch (high fees and no call backs on their IRA questions)so they are slow to trust any brokerage firm.

The money is meant for retirement which might be in 8-10 years.
Asset allocation has been decided (around 25 cash,55 fixed,20 stock). And getting as much in tax free investments (roth ira, etc.) as soon as possible.
I would describe the couple as somewhere between conservative to moderate as far as investments are concerned. He has SS and a pension, she has a small IRA. She does want to place it in a different company then she uses presently. They have a house mortgage, length unknown to me.
Also while they do want to keep up on a quarterly basis what is happening with their money, they don't want to have to think about any stock investments on a daily or weekly basis. They want to enjoy life.
I'm a long way from retirement, so I feel unable to help them.

I have told them to join so they can view these boards.
Where should they place this money until they make their minds up? Also, they hesitate to place all of it in the same place.

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