Advice needed!What to do with my money?

Advice needed! What to do with my money.?
I moved from UK to US permanently a few years ago. Now I am a graduate student and working part time.

I still have around 100K british pounds saving left in my UK bank, receiving 5.2% no tax month interest, which is much better than US (3%-federal tax-state tax). In fact I am able to live on the interest in UK even if I quited working.

What I do want to do is to make the money work harder. I was thinking to transfer some or all the money to US and invest in stocks and mutual funds. But, first I don't know anything about investing (at least now); second, US economy is doing really bad, particularly the stock and mutual fund markets.

So I have the following financial plans:
1. be conservative and leave my money the way as is.
2. invest in mutual funds that are based in UK
3. transfer 1/3 of money to US and invest in stocks or mutual funds
4. transfer all to US and put it in CD, mutual funds.

Any comment, suggestion or advice is welcome!

I've always been a fan of diversification. Geographical, by industry, by asset class, etc. Keeping some money in the UK is a great idea. Investing some here in various asset classes makes sense too. Good luck.

Don't waste time with CDs. They aren't a very efficient way to invest. Mutual funds are much better.

Read up before you do anything. You'll feel much more comfortable with your decision if YOU make it, rather than following the random tidbits of advice from strangers.
"Investing for Dummies" is a great place to start. Books by David Bach or Suze Orman are also helpful, reasonable, and inspirational.

You can also talk with a financial planner, but make sure they are certified and fee-only; otherwise they will be trying to sell you products that they earn a commission on.

1. You are far better off if the money stays in UK no matter what you do with money. US dollar is going to go down a lot more before it stabilizes.
2. If you don't know anything about investing, don't do it. Learn first without any money involved.
3. Yes, it is the general perception that the US economy is going bad. But, guess what? When do you think is the best time to look for bargain-priced investments? Exactly when everyone is in doom-and-gloom mode and out of the market without their shirts.

I'd keep everything exactly the way it is for time being. Learn some investment principles and start really slowly.

I think you should talk to a few financial planner from both side of the pond and see which one can offer you the best deal. You might want to find one who has experience of dealing with clients who invest in different countries -- that person should be able to offer you the best advices.

And as for US economy is doing bad -- it depends on your investment objectives. If you are looking for long term growth, it might be a good time to buy certain stocks and then not cash them until some ten plus years later. However, if you are looking into generating income from your investment, you shouldn't be buying too many stocks; and there are other instruments you can buy, like corporate bonds. Unless you decide to put all your investment into some sort of a common shares, economy being bad shouldn't be the reason why you would not invested. And again, that's why you should talk to a financial planner -- this person can tell you what is the best to buy based on your objective.

Keep your money in the UK where it's still worth something.