Gonna have ~$200k in cash become available to me in July, what should I do with it?
Already own ~350k of stocks, is there a better option for the 200k that's incoming? Maybe T bills?
All in on SCHD
I'll check it out, never heard of this
Hold onto it. Keep it as a backup in case of layoffs. That's what I'm doing.
Already keep 30k cash for that, don't need more
F
Go to Mexico or Colombia and YOLO
Here is what I would do: - $100k in HYSA or money market in case of layoffs - $ 100k in Bitcoin with a plan to hold for 4+ years. Short-term it is volatile but over any 4 year period it has gone up relative to inflation and it consistently beats all other assets on a 4 year time period
First suggestion is good. Second is bad. BTC is super volatile and you have the potential to lose everything. If you want some risk use an index fund like VOO/VTI
Yeah I'm not gonna do BTC, I don't wanna risk it. This money is coming from my grandfather who worked super hard his whole life to save it through difficult tines. I'm not gonna risk it like that purely out of respect
SPX
Give it to me
HYSA
https://upgrade.com/r/6k3dPAX9XC get 5.21% APY + $200 Bonus its the best!op.
I have about 600k spread between HYSA and CDs. Once the cds mature in a couple months I’ll move to HYSA or tbills. Sidelining from market but keeping what’s in already there
Following. I have about $190ish sitting as well 😬