Ok, Liquid $1M In My Bank, What To Do With It?

Investing
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Hey guys!!! Yes, the US is floundering at the moment but life goes on…

Wth the sale of my Fremont home, I have a nice cash inflow into my savings account. Now, I do have a Premier savings account that is earning about 4.50% for another remaining 3-4 months. Yes, I am aware of the FDIC insured limits but if my bank goes under we have way more problems. I figure I enjoy that very nice interest earnings until the promo is over and then I spread the 1M around.

Ok, so I need your advice this time. What to do (invest) with about $1M that is uber safe? I am completely risk adverse now and could care less about promises of high returns.

Thanks in advance!!!

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If you want safe there’s nothing wrong with 4.5%.

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Safest is Treasury. Can buy Treasury directly.
Currently, I have 1-month Treasury Bill rolling for 24 months.

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Agreed, but like I said, the promo is ending in July. Bank accts have been hovering around 4% or lower now and frankly I don’t want to have to resort to online banks (unless I really have to).

I was thinking about some muni bonds (in addition to Treasuries) that are also what fed or state tax exempt?

With Trump stirring up crap for the next 4 years, I really believe we all need to hunker down in uber safe investments anyway…

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If you have a mil Schwab’s SNAXX is paying 4.4.