Question: I'm looking for the best options for earning more than the 1.5% money market rate for my cash (non-retirement) savings. I want to keep this money relatively liquid -- and safe. I have about $100,000 in cash. Some of it is invested in stocks right now, but I would like to sell most of those stocks and put it in something safer like bonds. Not all of the money needs to be immediately liquid, but some of it does. How much of this is OK to put in bonds or similar -- 80%?

Answer: You have many options here -- and many of which we've written about in our Investing For Retirement columns.

The safest and most liquid include money market funds and certificates of deposit. For his part, Chris Grande, a principal with Walnut Hill Advisors, says you might consider laddering CDs, which will boost returns a bit. For instance, 1- to 3-month CDs can pay 1.7 to 1.9%. And though it might not fit precisely your stated investment goal of liquidity, you might also consider a jumbo, 5-year CD which pays upwards of 3.39%.

Other options that are liquid, though perhaps not as safe as a CD or money market fund include:

Short-term and/or short-duration bond funds such as the PIMCO Enhanced Short Maturity Active ETF (MINT), which has a SEC 30-day yield of 2.45%. Also consider and I-Shares Short Treasury Bond ETF (SHV) and Voya Prime Rate Trust (PPR).

Floating rate bonds also pay 2-4%. Consider I-Shares Floating Rate Bond (FLOT).

"And, if the market and economy slow down at all in the data, then we can feel better about yields not rising and that would allow some allocation to closed-end bond funds from PIMCO that can pay 6 to 10%," says Grande. "Though these are a bit risky and susceptible to interest rate risk, putting 5 to 10% of assets in these things wouldn't be crazy." Some that we've written about include are PCM Fund (PCM) and the Nuveen Quality Municipal Income Fund (NAD).

Grande also says blending in annuities will also offer decent yields with a bit more lockup so a small percentage there could be a nice add on.

Using a mix of these assets can earn someone a range of 2.5% on the very conservative end to 5%+ being more aggressive.

As for investing 80% in bonds, that may or may not be too aggressive. It's really a function of whether you want to sacrifice liquidity and safety for yield or not.

Got questions about the new tax law, Social Security, Medicare, retirement, investments, or money in general? Want to be considered for a Money Makeover? Email Robert.Powell@TheStreet.com.

Question: I'm looking for the best options for earning more than the 1.5% money market rate for my cash (non-retirement) savings. I want to keep this money relatively liquid -- and safe. I have about $100,000 in cash. Some of it is invested in stocks right now, but I would like to sell most of those stocks and put it in something safer like bonds. Not all of the money needs to be immediately liquid, but some of it does. How much of this is OK to put in bonds or similar -- 80%?

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