Investing money
I have 1M in my account and would need it to buy the house in 8 months. I would like to invest it for 8 months. Any suggestions on the safe investment strategy ? I am not expecting huge returns but something in these 8 months. #stocks #investments #house #returns Tc: 180k
Sgov (short term municipal bonds at 5.2% rn)
Tbills
How tf you managed to save 1M liquid with 180k/yr? Side gigs?
Or .. OP is a 1000 years old 😋
Me and my wife both are in these fields for last 8 years. I guess that helped us to save the amount
DM for Wealthfront referral You'll be able to earn 5.5 for 3 mos, 5 afterwards If I were you, I would put that in the cash management account (similar to HYSA) that earns 5+ At 5.5, your 1M would earn about 4398/pm for 3mos, the 4007/pm at 5%
6 month treasury bills. Then 1 or two month bills after that depending on when you need the money. Not subject to state/local tax.
You have $1M in cash???
I had in stock and majority came from selling my paid house !!!!!
Sell a 8 month long put on $spy
HYSA