<prompt> Human: I am 31 and have roughly 200,000 sitting in a CD right now this is basically earning nothing. We do have one child 4 months old but I have a separate college fund set up for him. I have heard that you should keep at least 6 months of expenses on hand just in case something happens like loosing your job. I was wondering what would be a good option to invest the rest of this money. Do you think something like a mutual fund would be the way to go?  <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. 