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How to Invest $1 Million Dollars in Today’s Market (Without Blowing It)

Good Financial Cents

Certificates of Deposit (CDs). The first place I would park some of the money is in a Certificate of Deposit (CDs). A Certificate of Deposit (CD) is pretty much the safest and most guaranteed investment you can make. Or, you might throw it into a Certificate of Deposit with Discover Bank. You’ve now turned a new leaf.

Investing 109
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How to protect your Cash

MainStreet Financial Planning

FDIC also has a very useful calculator FDIC’s Electronic Deposit Insurance Estimator (EDIE). On the other hand, a Money Market Fund is a type of investment fund that invests in short-term, low-risk debt securities such as treasury bills, commercial paper, and certificates of deposit.