conversation: User (tummyacid): "Hey all!  I posted a thread here a few weeks ago about taking some time off of work and now the day has arrived!  I have worked out all my finances and by the time everything is paid off, accounts closed, etc, I will have $5k saved up.  I have already read the side bar and I agree this would be a good amount to keep on hand for emergencies except I ALREADY have an emergency fund.  This is the money I intend to use to re-establish myself in about 6 months.  \n\nRates on CDs are a joke for this duration.  In fact, no rates seem like they are worth the time.  Unfortunately I really want to avoid risks with this money since I need to rely on it down the road.  Should I just park it in a savings account?\n\nOnce again I have already read the sidebar and I do not need to put this money in emergency fund since I already have one\n\nThanks!"
  Self: "You cannot do anything significant for 6 months with $5000.  A high yielding savings account(~0.85%) is the option.  Unless you want to be risky, then you can make some moves in the market.  Maybe by some shares of AAPL and hold for a few months."
  IAmDanimal (IAmDanimal): "So you're saying that if he wants risk, dump all of his money into 1 very volatile stock??? Terrible advice, sorry. If you want to risk your money in the stock market, go with an index fund, or at least a mutual fund. That way your money is diversified a little more than just 1 stock that could potentially tank with the next iPhone release.\n\nYou could do 90% in a CD, 10% in an index fund for very little risk (maximum of about 9% loss, but realistically the most you would lose in a market crash would be 5%)."
  kurin (kurin): "&gt; So you're saying that if he wants risk, dump all of his money into 1 very volatile stock\n\nWell, yeah, that's risky."
  