I know it’s not the best to keep everything in savings, but not sure what I should be doing between fidelity or real estate investment. Help please! Thank you
Load up on SPY puts brother! I’ll see you on the other side of the moon 🌙 🚀 🤑
Fidelity has close to 5% on their money market cash position right now. I don't know what rate you're getting in your savings account but it's worth considering.
Move some to Robinhood, they have higher APY
Nvidia
feels like nvda is peak meme stock right now - would rather buy when it retests prev ATH
Keep about 6-12 months worth of expenses in your HY account for emergencies. Invest the rest in index funds like the total stock market or s&p 500. Don't touch it and let it grow. Sleep soundly.
Do you have recommendations for specific index funds ? Thank you for your comment!
1. VTSAX 2. VTI 3. VOO They all have super low fees (Expense Ratios) at 0.03%. You usually want index funds with the lowest fees.
buy a really expensive car don't listen to the lame ass answers like 'investing'
answer depends on your goals and time horizon.
T-bill ladder until the market corrects then average into ETFs
Open an account at fidelity and the you can sell puts on good stocks at way OTM price, while collecting 5% interest at the same time.
DCA 90% of it based on your risk tolerance into the market (SPY/IWF/QQQ) every 2 weeks for next 6-12 months only if you don’t need the money for the next 6 years. But if you need it, then HYSA or use treasury direct official website itself to bull T-bills based on duration. Good luck!
Thank you! I will research this.. What is DCA?
Split into two savings accounts
because FDIC limit?
Ohhhh wow I didn’t even think of that!