Re: Savings/Investment options for a large public university
Like Sniper said, if you can ride with the endowment $$$ go for it. If not, short term risk free $$$ should be in money market accounts that give you the best rates - online banks and credit unions have low overhead thus high rates, big banks do not. For the other $$$, I would buy an intermediate bond fund with low expense ratios to avoid long-term interest rate risk.
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