<prompt> Human: Morning everyone, throwaway account for personal reasons.My parents come from a relatively frugal background and throughout their life and respective careers have accumulated several million and a houseland valued at around 2MM. Their net worth is between 5 8MM.Because they are very skeptical risk-averse completely distrustful of money managers they have only invested a minimal amount of their money under 1MM. With the rest sitting in bank accounts earning almost no interest.Recently they have come to me for ideas on how to invest their money. While I have a few ideas, I recognize I have no where close to the expertise required to invest such a large sum and am quite frankly unwilling to jeopardize my relationship with them if I advise them in a fashion which has negative consequences.That being said, could you please tell me some of the safest ways to invest said quantity of finances and other potentially beneficial financial actions. Thank you in advance  <response>: Please read the information found in the FAQ particularly I Have X ... What Do I Do With It?! and the Long-Term Investing Start-Up Kit You may find Your 401k and You: Basic Information and Your IRA and You: Basic Information worth a read as well. 