I've been able to save a good sum of money and am ready to invest it into a fund (money market).?

Your expertise and advice on the best way and with which company to build interest on my investment would be appreciated!! (i don't want it to just sit in a bank account gaining little interest). Any insight on Fidelity??

If you plan to spend the money in less than five years, keep it where is safe and sound. If you want to use the money five or more years later, I suggest a stock index fund like Vanguard S&P 500.

As i spent time in banking, i find that you will earn very, very little on your money if its less than 10K. They best thing to do is keep putting cash away and not be concernd about where its' invested. The exception is your retirement account because it will be there for decades. Investments and returns are for very large balances. (50K or more.)

First, do not play the stock market. You can invest in high yield money markets through your bank. Some are paying about 3.5% plus it's guaranteed to $100,000 from FDIC. If they try to talk you into other funds, just walk out. My wife and I have money invested with Lincoln Financial and New York Life and it's a fixed annuity @ 5% and we can withdraw 10% per year without being penalized but have to have it invested for at least 7 years.

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