where to put short term savings

With savings accounts not earning much interest, I’d like to get your opinion on what is best to do with funds that need to be accessible in the short term, for example, an emergency fund, savings for a down payment in the very near future, etc. Where can I put this money so it will earn the best return and still be accessible?

Terry Says:  In an FDIC insured money market deposit account in a bank — where you will earn almost NO interest!  That’s the answer if you aren’t willing to risk losing some of the money.  This is “chicken money” — and no risk investments pay very little these days. (Thank the Fed for that!)