Our post has sold a house which we have owned for some time. We are about to get a cash settlement for the whole price. How can we put that money to good use with a reasonable degree of safety but with a small amount of return? – William


We would agree with your thought: safety first. With that in mind, something like a certificate of deposit (CD) ladder may make sense. Here’s how it might work: divide the available funds into quarters and invest it equally in four CDs with maturities of one, two, three and four years. The CDs would pay interest on a periodic basis, and as a CD matures, you would buy a new four-year CD. Not fancy, but safe.