......But where to put the cash. A checking account will only pay you a fraction of a percent interest -- no thanks. Treasuries are safe but do not pay much either unless you invest long term. What I decided to do was find an Exchange Traded Fund (ETF) that allowed me short term liquidity, security, relative stability and paid a higher yield. I also liked the idea of an ETF because it allowed me to keep the funds in the brokerage account and I could still keep score.
What I decided on was the Vanguard Total Bond Market (NYSE: BND) ETF. It is currently paying a 4.15% yield and I can trade shares anytime to get cash.