<prompt> Human: A friend of mine who is not financially savvy just sold their house. They are building a new house, and wont have to close on it for three to four months. In the meantime, he is sitting on over 150,000 in a checking account earning a very low rate. He asked me what to do with it, and I said a short term CD or money market account. Any other options he should consider?  <response>: Savings account. You shouldnt invest money you need in the short term. 