<prompt> Human: Mods: apologies if this falls under generic, found in the rules. I also read the How to handle article and didnt find anything that quite matched my needs.My situation: I currently have over 50K in savings being held in a generic savings account that earns essentially nothing Im talking maybe 25 cents a month. I also have no debt, so nothing I need to pay off.Due to some current life circumstances, Im not comfortable putting the majority of these savings in a long-term illiquid account, such as a retirement account, that I need to leave alone for 40 years.Where can I put this 50K, such that if I need to take some portion out, I can do so immediately? Im thinking there are surely some better options than the generic savings account its in right now.My goal is not to earn a ton of money in a short amount of time with 50k. Im simply wondering if theres a better place I can put it and still have the ability to take some out if I need to. Im open to investment options with very little risk and fees; Ive heard some Vanguard ETFs are relatively low in risk and fees, as well as steadily growing, but Im not sure if Im comfortable using that as a savings account alternative. Thoughts?Im fairly new to investing my own money since Ive been too scared to dive into it for so many years, so apologies if any of this comes off as ignorant.  <response>: To start you can open a high interest savings account at somewhere like Ally or Capital One 360 and get 1.2 on your money with no risk. You could also look into a CD if you think you wont likely need the money for a year or more at a slightly higher rate.Other than that you could look at a taxable investment account at somewhere like Vanguard, Schwab, or Fidelity. Investing in equities will average a much higher return than a savings account or a CD, but you can also lose money in the short term. 