For short term money T-bills are the answer right now - yields not seen in years (5% ) with virtually no risk, no state or local taxes
I've got about 75% of my portfolio in short term T-bills right now. I've been buying 3 month T bills because the rates are rising so fast that I don't want to go longer, I roll over at a higher rate when they mature. I believe we're in for a recession (it's almost a certainty) and there'll be a decent correction in the market. I'll re-evaluate getting back in at that time.
