So I need another place to store the money... but this is my emergency fund, as well as the fund that covers major expenses (home repairs, medical bills, new car, etc.) so I need to be able access it, or at least a portion of it, pretty easily & quickly. I could use part of it to pay off my student loans but they are only 2% interest and we only have a couple of years left on them anyway. Plus if I put extra toward student loans or mortgage, we won't have the emergency fund! My job is a bit unstable so there's a chance we may need to live off that money in the next year or two.
All the CD's I've found aren't offering more than 1% interest. I have 2 banks and neither offers more than 1% interest right now for any kind of savings, and the local banks are offering only 0.25%! I really don't know enough to be comfortable with stocks and investing and stuff. I'm pretty clueless about what to do with this money, but I realize it's ridiculous to have such a substantial sum sitting there making 0.8% interest.