<prompt> Human: Hey all! My wifes grandmother is giving her 10,000 that shes setting up in an Edward Jones account. The reason for the gift is that I got a new job in a new city, and she was worried about our ability to make ends meet as we movesell the house, etc. Im just looking for opinions on whats best here. I have a 401k and some stocks and bonds, as well as a pretty generous retirement package. Is there a smart way to invest this money that maximizes liquidity andor lowers tax liability? Any advice at all will help. Seriously, thank you. You guys and gals are the best.  <response>: If the idea is to have the money for making ends meet as you movesell the house, etc, you need the money easily available. Put it in a high yield savings account at Capital One 360, Ally, etc. This is essentially your emergency fund, or an addition to it if you already have one. 