Well it sounds like you're extremely risk adverse so your best bet is to find a bank with the absolute best APR and just hold your cash there while you wait unt

Well it sounds like you're extremely risk adverse so your best bet is to find a bank with the absolute best APR and just hold your cash there while you wait until you feel market conditions are a bit better. Something to think about: Diversify your holdings. A good 80% of what you have can milk a high rate from a savings account (domestic or foreign). 10% could be put in a couple of low-moderate risk ETFs/Mutual Funds (formed by companies that really arn't going anywhere, like healthcare), 5% into CDs or Bonds, and the remaining % in minerals (gold, silver). When you start hearing good news (job market improving, ipos, companies returning healthy profits), you can start re-aligning your portfolio. Best bet is to get in touch with a financial adviser.