What do I do with 1/2 Million

[Ron Mussatto]

Part 1: I need about $250k to be fairly liquid as an emergency reserve for owned properties. Where do I put this money to kind of keep up with inflation?

Part 2: Where to invest other $250k? I would like to diversify from RE a little. I will invest in more RE when there are future opportunities because of the economy but still wanting to diversify with other investments. Suggestions?