<prompt> Human: Im looking for advice as to what to do with a good chunk of money that might be needed in the next few years. Two years ago, my mother sold me her house for 1. She had to be moved into an assisted living facility full time, and since the house was going to come to me only child when she passed away, it seemed like a better idea to give me the house. My wife and I had purchased a townhouse about a year earlier, and after doing some renovated to her house, we moved out of the townhouse and into our new single family home. We knew that this was going to be temporary, as we wanted a larger home for our growing family the two of us, our daughter, two dogs, and a future daughter with more bedrooms. After moving into our new house, we rented out our townhouse PITI is around 950 per month, we are getting 1225 a month, so Im expecting us to break even. We were not actively looking for a new house, but we found what was our ideal home - larger yard in a large neighborhood that has a lot of families. We purchased the new house with the idea of selling the 2nd home and still keeping the townhouse as a rental. The 2nd home sold very fast it was on the market for 4 days and we netted about 175k.We have plans of acquiring additional rental properties, and these funds would come in handy when making offers in my area, we could purchase a 4 unit for cash with these funds and still have some reserves. At this point, my wife is hesitant to do so on the off chance that my mother will need to apply for Medicaid, which has a 5 year look back period. Fortunately, my mother is in a great spot financially - she pays about 100k a year for her current assisted living situation, she has over 250k left on an insurance policy that pays for her assisted living, pulls in about 60k per year between pension and social security, and she has about 100k in a 401k account. In my eyes, there is a very small chance that she would need to apply for Medicaid before the 5 year look back window shows up.Knowing this, my wife is still hesitant to use these funds to purchase rental properties we have other funds and options, so we are still moving forward with these ideas, and while I dont have any reservations about using this money for investing, I want to make sure that it is liquid to appease her. What Im looking for is suggestions as to where to put the money over the next 3 years so that it is relatively liquid, but still offers a good return. Thanks  <response>: 3 years is too short a term for long-term investing.You do not get high returns while maintaining liquidity.You do not get high returns with low risk.If you want this money liquid and usable over the next 3 years it needs to go into an FDIC insured savings account or similar investment vehicle. 