Reddit Posts
What is the best way to invest 300k without significant risks?
What should I do with the money I have and what are the next steps in my financial journey?
What should I do with the money I have and what are the next steps in my financial journey?
Experience with Private Alternative Funds and P2P?
Assuming interest rates will come down in the 2024/2025 time frame
How do I convince my wife that she is keeping too much in HYSA?
HYSA Or REIT not sure which one is the better option. Please see description below.
I have an infant and two year old and want to take the family on some sort of awesome vacation when they are old enough to appreciate it, say 7 and 9. Would creating a brokerage account for a specific ~6 year goal make sense?
What to do with $300,000 just sitting in my checking account?
I feel like I’m leaving so much money on the table. Talk some sense into me.
Choosing between a CD or HYSA to allocate 15% of investments..
Thoughts on 31yo investment portfolio - big pay raise next year and questions
Is it worth holding money or paying off an auto loan?
Short term investment/ saving options to financially support parents
Maxed Roth IRA 2024.... invest or save money held for 2025 Roth IRA?
What "asset class" has the lowest IQ investors?
Where to invest 10k leveraged from CC cash advance (5% fee)?
400K investing advice with keeping it safe as only condition
Any HYSAs that are still offering 4.5-5.5% APY other than Marcus?
I have 60K sitting in my bank account and my salary is 60K. HYSA vs ETF vs ??
Reinvesting $30k in HYSA - are T-Bills my best option?
Reinvesting $30k from HYSA - are T-Bills the best low-risk option?
Looking into CDs, but I need an explanation on if I am understanding this correctly
Can a non-guardian set up a savings/brokerage/HYSA account for minor?
Possible opportunity of a lifetime that I'd like an opinion on.
42M - Seeking Insight on My Investment Strategy
British expat living in the US. Thoughts on my investing and saving strategy
Is my retirement outlook reasonable or is this out of sight?
Starting first "real" job after graduation soon and plan on maxing my Roth IRA Contributions and enough to get my employer's 401k match yearly. I'm looking at possibly buying a house around next spring and am contemplating whether to do something safer like a HYSA or throw it in index funds/etfs.
I am afraid to stop contributing towards my investments to build 6 month emergency fund because of my portfolio manager
British expat in the UK, want to run my logic past some 3rd party people
Where should invest $125,000 as a 25 year old in 2024?
Back in 12/31/1999, I was short YHOO.......then this happened
Back in 12/31/1999, I was short YHOO.......then this happened
Where to park money for a down payment for about 1-1.5 years?
SPAXX (MMF) vs Marcus by Goldman Sachs (HYSA) Which one should I use?
Investing When Young is Always Suggested, But How Do We Know Market Will Be Strong in The Future?
Dump in large amount or slowly add into holdings?
What are your views on moving out of cash investments and into bonds, etc. at this point in time?
Investing advice for moving around 100k into ETFs
Schwab vs E-Trade vs SoFi vs Robinhood for Trading Stock
Is maxing out my Roth IRA towards the end of this year worth it?
One Year Rolling “Escrow” Investment Strategy Feedback
Max out 401k, pay off debts or keep in HYSA for down payment on a house?
How to DCA a large sum of cash? How long is too long to space it out?
If you were gifted $50,000, how would you divide it up between S&P500 and HYSA?
If you were gifted $50,000, how would you divide it up between S&P500 and HYSA?
SGOV a good place to hold cash for liquidity?
Mentions
> it would take the market to recover from a correction of 20% or more This was the belief, and it makes logical sense, until someone did the math. That makes sense when bonds were paying half of what stocks were. I am retiring this year, I have 1% in bonds. I made 30% return last year. Had I put 20© in bonds, I would have cut my returns by 6%. If I had 20% in bonds the stock market crashes 20% tomorrow, it saves me 2% of my account. So after one year of fully invested without a crash it takes 3 years of 20% crashes to pay off using bonds. If I make it 3 years before the big crash, the bond portfolio is so far behind, I can sell at the bottom and stay HYSA until the market recovers and still the 20% bond guy is behind.
Short duration so kinda bonds that work like HYSA.
I think you misunderstand what I am asking. I am not asking what specifically to buy or where to put it. Everything is already in these accounts. Let’s say for argument sake I have a 10 year horizon and the same amount of money in each TYPE of account traditional IRA, HSA, Roth, taxable brokerage. Let’s also assume I already have an emergency fund in a HYSA that is not part of this discussion. I can access retirement accounts if I need money as I am over 59. Now, I will have a mix of investments, some are riskier than others. The question is, into which account do I put my riskier investments if my primary concern is a risk of loss. I personally would feel much worse losing $10K in my Roth than in my traditional IRA because I have paid tax on the Roth money already but not yet on the traditional IRa money but maybe I am not thinking it through
First of all, my deepest condolences. Losing your partner at such a young age is unimaginable. You are in a vulnerable state. Do not try to invest that $280k into the stock market right now, park that cash in a HYSA or a US Treasury ETF (like SGOV or BIL) inside a brokerage. You will earn \~4.5-5% risk-free. Take $23k from the inheritance and pay off the loan against your retirement immediately. Avoid buying UK/European mutual funds (look up 'PFIC rules'). Make sure whatever you buy (like VTI/VOO) has 'UK Reporting Fund' status to avoid punitive tax rates in England. But generally speaking, you don't need 'shady' financial planners.
Stocks, crypto, metals, bonds. Where da monies going? HYSA?
The only reason this is happening is because people have had enough of the drama. May as well liquidate and put in a HYSA until things have stabilised. Of course, playing with the volatility will still be a highly regarded strategy but most 'investors' are cautious and have had enough.
You’re all better off putting your money in a HYSA than gambling it away in this psycho market but ya don’t want to hear that lol
Sgov is state tax exempt so you save a bit more depending on how much you have in. HYSA get state and federal tax. Sgov is just federal tax
1. Inflation- the depreciation of the dollar means they barely break even on bonds 2. Their wealth allows MORE risk and higher returns. Not lower risk and lower returns. They can take temporary 25% paper loss and it won't impact their lifestyle. They may even invest more when the market drops. 3. Access to better investments. Wealthy people can invest in private offerings and access investments with minimum investments of 50k to $millions and get better returns for it. Often this requires wealthy in excess of millions. Lastly, rich people DO invest in CD, bonds, HYSA, etc. They just might do a portion of their portfolio, but not 100%.
upping the risk, taking a loan rn to go all in on HYSA
1-2 months of expenses in HYSA, couple more months of expenses in money market (varies tbh), rest of my savings is fully invested in mostly funds and stocks. For me it’s like 60/40 funds to stocks.
One option to look into alongside HYSA or other conservative choices is something like Fundrise for diversified private real estate exposure, which historically has tended to behave differently than single stocks during market swings.
I keep a decent chunk in HYSA mainly for peace of mind emergencies or sudden expenses. The rest goes into stocks/funds for growth. It's always a balance between liquidity and opportunity cost. Well was thinking how others here decide what feels like the right percentage for them?
I think in percentages instead of accounts. 6–12 months expenses in HYSA, everything else invested based on time horizon. If I need the money within 3–5 years, it stays conservative. If it’s 10+ years, it’s mostly equities. The key for me was separating emergency planning from investing so I’m never forced to sell.
A. Set aside money for the tax hit. B. Understand a home for your family is not meant to be a “financial” investment. Yes it will appreciate but the purpose is shelter. C. Keep the money in a HYSA.
That is my strategy to liquidate a large part of my portfolio when I turn 55 (am 45now) and put in HYSA. Leave around 150k in stocks and stay in the game with that capital. The markets are wild, no harm in existing high at 64.
I keep 0% in HYSA but about 6-12month in Money Market Fund + SGOV which has higher interest but take 1-2 days to become liquid $. No emergency is ever going to require liquidity with just hours notice.
At 64 the question really is how much of your net worth is tied to one stock. A huge single-name position is a risk. Full stop. I wouldn’t dump everything into an HYSA just to wait for a bottom. That usually turns into sitting in cash longer than planned. HYSA is fine as a temporary parking spot, not a long-term plan. If it’s a big position, a gradual trim of 10-25% over time makes more sense. You reduce concentration, spread the tax hit, and still keep exposure if DE keeps running. If it’s only a small slice of your portfolio, I’d probably leave it alone.
I just keep enough SPAXX and FDRIX for 3 months expenses in my brokerage account. Is that not as good as a HYSA? There's also some cash there, maybe 1 months worth.
I keep whatever the yearly maximum out of pocket "price" (I dunno what it's called lol) for my HDHP plan in a HYSA [so like, 6600 for 2026 I believe] and just resign to the fact that I'm stuck with that rate. Emergency fund is 20k-ish in SGOV. Say another 3k to negate any minimum amount fees for the bank, and everything else is invested. So... 15 percent maybe?
6 months worth of expenses kept in cash in a HYSA. Contributing enough to 401(k) and HSA to max it out with my last paycheck of the year. Every other penny in excess of paying bills gets invested in Roth IRA to max and then brokerage account. As for investments, all of my accounts are either S&P index fund or total market index fund.
>I want to know if it is tax inefficient to convert the 35k in my 401k Depending on your current income level, yes a conversion is probably tax inefficient. >using a roundabout method. I was thinking to put the 35k into a HYSA. Then I turn my 401k contributions up as much as possible. This will reduce my paychecks but I can live off the 35k until it's depleted, then return my contributions to normal. That's not a conversion. A conversion is when you move pre-tax retirement funds to Roth, which is taxable >But doesn't this technically mean I'm getting taxed twice on that 35k? Not literally of course, but technically. No. >The 35k is already after-tax money. If I "convert" it to my 401k using the aforementioned method, Not a conversion. >the extra contributions in the 401k will be taxed later. Offsetting those extra contributions with money that's already been taxed seems tax inefficient. You're just increasing your 401k contributions, then decreasing them. Remember 401k contributions are pre-tax. Nothing changes regarding the $35k you have in a CD/HYSA.
No kidding. Novice investors should not "play" the market. Alternative to what? 100% equities? It depends on the person and their risk profile. A portfolio of stocks and bonds works well for most people. For those nearing retirement: A year or two of expenses in CDs, HYSA, Stable Value funds helps offset down markets and gives peace of mind. It also helps to reduce poor investor behavior. You would not believe the number of retirees who panic sold during the Great Recession. Many never to return to the market. Real estate is good for some people if they are willing to learn and understand their investment. It is not passive. Personally, I like farmland investment as an additional investment. It is more passive than rental properties. No buildings. No upkeep.
It’s real returns over a decade, and the sooner novice investors get serious about passive index fund investing, and stop chasing brainless options plays the better. Historic returns are closer to 7-10%, but they’re real. What’s your alternative? HYSA? Real Estate?
If I ever win, I'm hoping its atleast 2 mil. Then the plan is 2 mil in a HYSA and live off the interest. whatever is left over unspent each year will go into SPY. The end. I want a farm somewhere quiet.
\>I feel like I shouldn’t only do the IRA That is probably correct. Save and invest for the goals of your life. The first priority is an emergency fund in low risk, liquid savings of enough to cover several months of loss of income or other unplanned expenses. This belongs in a HYSA, money market fund, or short term bond fund. This is more personal insurance than an investment. The next priority is investing enough for a comfortable retirement. A guideline for that is 15%-25% of gross (before taxes) income. The annual IRA contribution limit of $7,500 is 15% of a $50K income. If you make more than that you need to invest more for retirement. If your employment has 401K type retirement accounts with some employer matching it is best to contribute enough to that to get the free money employer match before contributing to a Roth IRA, then contribute any more that is appropriate to the Roth IRA. Employer matches count toward the percent of gross income. Jobs with pensions require additional calculation of how much is needed to invest for retirement. After those save and invest what you can for other life goals - car, home down payment, marriage, children, vacation, entertainment, etc. - whatever applies to you. VOO historically has been a good long term investment. Some people prefer more diversification beyond the top 500 US companies and including companies outside of the US. An example of that would be 70%:30% VTI:VXUS or VT which is basically that combination.
Yeah it's insane. Appetite for bonds is 0. I genuinely don't know how to possibly make bonds work right now. HYSA makes more sense to store dry powder. Maybe seperately buy high interest bonds from like 2022 that are still good for a few years? Surely those would go up in a crash scenario...or maybe not. I also think warsh is the kind of guy who wouldn't mind rate hikes after trump is gone so that would yet again nuke bonds. (Along with everything else)
Lol, you would have made more money by just parking your cash in a HYSA.
I respectfully disagree. Unless you're doing super risky investments (E.g individual stocks, day trading, gambling, etc.), there isn't (in my opinion) a great risk in the long term. Historically the S&P500 on average has had a 10% return (even greater the last few years). Even if the market does do bad for a bit, this investment is meant for long term periods of time (10+ yrs) and the market has always recovered after periods of downturns. Also, if the market tanks, then most people here would have more important things to worry about than retirement. It's great to save your emergency fund (3-6 months of expenses) or whatever short term goals (house down payment, repairs, etc) you have in a HYSA, but just saving in a HYSA will vastly slow down your rate of growth for building wealth.
25k FZROX, 25k FZILX, 50k HYSA. 20k for home improvement, new car, speculative stock bets in the first year (pick one, this is the ceiling on your fun money). Then bleed the remaining 80k into the market 5k per month for 16 months into the two ETFS I listed at the start.
r/personalfinance "prime directive" aka the flow chart. Generalized and simplified. Everything invested in a low expense total market fund. 1. small E fund in a HYSA or similiar 2. 401k to the company match 3. 3 to 6 months expenses in an emergency fund in a HYSA or similar 4. HSA to max if it is an investment vehicle for you 5. IRA to max 6. back to 401 to max 7. taxable brokerage
Why ditch the HYSA? Isn't is a good place to have an emergency fund?
Ditching the HYSA. Maximizing deployment in tax mitigation tools, especially those that remove growth from the tax system. Utilizing a wealth manager. All three hard unbeatable returns on my personal financial situation.
Up to you but if your job involves sitting in front of a computer most of the work day, it would be prudent to keep 6 months to 1 year of expenses in either a money market account or HYSA, as a hedge or cushion against job loss due to AI. The main rationale for cash reserves is to avoid liquidating equities during a down market. De-dollarisation, if it happens will take decades and if that's the case, most investible asset classes will tank, with exception of gold, commodities, infrastructure, foreign bonds, emerging markets and possibly crypto.
Sorry you went through that,getting out of abuse and landing on your feet at 19 is a huge win. Straight up: investing alone won’t make you a billionaire. Almost all billionaires built or owned scalable businesses. Treat the $2M as protection and fuel, not something to gamble. Park most of it in boring, safe places like an HYSA, T-bills, and the S&P 500. Get a fee-only fiduciary and a CPA so you don’t make expensive mistakes. Keep living cheap on purpose, low expenses give you time and freedom. Use only a smaller portion for high-risk plays like startups, real estate, or your own business. If billionaire is the real goal, focus on building something that scales and invest hard in skills like sales, tech, and leadership. One last thing: wanting to prove people wrong is powerful fuel, but don’t let it push you into reckless moves. You already won, now play the long game.
* 44 years old * Currently employed ($140,000/yr) * 401(k) that is mostly in a target date fund, with about 40% sitting in a value fund, international fund, and mid-cap fund. All new contributions go to the target date fund. * Roth IRA that is kind of a mess because I've held it forever, but can be modeled as something like 80% VTI + 20% VXUS. * Only debt is my mortgage, which is 3.75% * Fully funded emergency fund (two years) I'm trying to be better with my money. Due to a rocky upbringing, I have a lot of purely psychological roadblocks when it comes to investing. I'd like to start putting more money into my taxable brokerage account, and I'm looking for advice on what I could do in terms of an "intermediate" risk profile that sits somewhere between HYSA/SGOV combination that I've been defaulting to lately and the portfolio I have in my retirement accounts. I've considered a mix of defensive sector ETFs (XLU/XLV/XLP) and heavily "filtered" ETFs like SCHD and VIG. I've also considered bonds, but after 2022 I feel like I don't understand the underlying mechanisms well enough to buy into that. Treasuries might also be an option. If anyone has any suggestions I'd love to hear them.
That money should be in a HYSA today if he plans to buy in <2 years (in my opinion). Or at least be split up so that only some of it is exposed to market volatility
You are confusing the two comments. The first 8% would be based off of more volatile funds using the average return, danskiiii said you could still get decent (~4-5%) returns with a safer HYSA, and BabyJesusAnalingus is saying that even 4-5% isn’t guaranteed as they can fluctuate and historically are lower than that, so it might not be as much to live off as they would want
CDs/ HYSA are a good counter to inflation albeit barely.
# $353k ready to invest for 3-4 years for down payment on home Hey all - hoping to get some of your sage advice. I'm in a HCOL area and believe it or not, on a single income with one kid and another hopefully in the next 1-2 years, I'm in a position where even $353k isn't enough for a downpayment. Based on the single income I'd need to have the down payment be around $500k. I wouldn't make up that $150k by just monthly saving and sticking it into a HYSA. I spoke with a financial advisor yesterday and they said with a 1%+ fee they would manage it and hedge my risk as the market fluctuates. The more I read though I feel like the best path is to just stick it in VOO, or maybe a combined VOO + VT (to get international exposure) and just let it grow over the next 3-4 years. Is this silly? I understand the market could obviously go into a bear for a prolonged period of time, but I just don't see any other option but to take on some risk. I was thinking I'd do $10k/day DCA until it's fully in the market and just step away from it. This money comes from crypto gains after holding ETH for 7 years. I made the stupid mistake of chasing the Silver craze recently and already lost a good amount, so looking to cleanse myself of the gambling mentality and be a good steward of this money moving forward. Very much appreciate any insight and advice!
Cool, down 18K today but still up 30K for the year. Thinking of just putting the rest in an HYSA. Fuck this market jumping all over the place, literally randomly, plus random tweets/headlines coming at any time. Been trading this shit for 20 years, this market/time in our country's history is fucking BONKERS. I don't know if you newer traders realize this. Literally everything is moving like a memecoin, even stable investments like gold/silver. Now even megacaps are moving 10-15% in a day. Feels like there is nowhere safe to put your money.
3.25% at my CR. No brick and mortar is doing 5% in a HYSA currently.
[Here](https://letmegooglethat.com/?q=HYSA)
Holy shit no one said it wasn't. I just said HYSA was a regarded way to do it.
I’m sorry what is HYSA? Should I invest into it?
When has HYSA rates been 8%?
Dude you are arguing with a bunch of regards who are probably fresh out of high school. Probably just heard of HYSA and are putting their 100 dollars life savings in there. Just let this one go lol there's no winning
I’m getting my principle back today and I’m fucking done with this shit show I stg. All going to HYSA
No blown up accounts. First I got a family, a fully paid house and a strong HYSA emergency fund. Now I'm playing and dunking on retards like you.
I'm currently directing any monthly surplus into a HYSA and fortifying that up a bit. If (or really when) the AI bubble bursts for realzies I'll feel better knowing I have that savings to draw from instead of pulling from our investments at their worst.
I can retire on $3M in a HYSA at 2% all day long you fuckin regard — ALL DAY LONG.
Two weeks is practically nothing. Just ten trade days. Just park money in a HYSA or SGOV If needed - for sanity, if nothing else. Long term means at least a year. If your investments have gone down in value after at least a year of holding, look to sell at a loss and harvest that loss (either offset gains or reduce taxable income a bit).
>There's no 30-year period where HYSA would come close to the S&P 500 Where did I say this? Learn to read. >nor where it could keep you significantly above the inflation line to maintain your lifestyle over those 30 years. Depends what your lifestyle is. You won't live like someone with $100m, no shit, but you will in interest still be earning above the average wage in 2060. You can't be this regarded, I refuse to believe it.
Maybe have a brief conversation with someone who understands the topic. Even ChatGPT would suffice here. Paste it the thread we have had. I'm saying this for your benefit. I started out joking around but now I'm actually concerned for you. Don't handle money until you do this. There's no 30-year period where HYSA would come close to the S&P 500, nor where it could keep you significantly above the inflation line to maintain your lifestyle over those 30 years.
Bahahaha. It's cute you believe that investing $3m in a HYSA will result in a poor sum because it isn't adjusted for inflation. If you move it around then absolutely HYSA will pay more than enough to retire on and live very well.
What? "Participate in the market" means invest in something other than a savings account. You're either a fake account or a kid. It's unclear why you think HYSA will pay significant sums ad infinitum and also unclear why you don't understand inflation, but you do you I guess.
You are regarded beyond belief. You indicated you need to participate in the market (employment) to retire on that sum. Clearly incorrect. The amount you'll make from a HYSA is substantial and above average wages to mean even accounting for inflation you'll live comfortably for the remainder of your life. Time to touch some grass.
Who said I couldn't retire on $3MM? I said I wouldn't do it via HYSA, which is regarded, just like your reading ability.
You're definitely the one missing the point. By shifting into HYSA, you're choosing not to participate in the market, which is what keeps you above inflationary trends historically. It's almost always a bad bet. Anyway, I'm retired as of last week, and was in the 7-figure band at Amazon when I chose to work, so "luck" isn't needed.
You understand that HYSA rates can and do change, right?
Dude. You have DECADES ahead of you. Don't sweat the ups and downs of the market. Just invest consistently over time, and you will do very well. Things you need to do: Emergency fund (6 months of expenses) - this should be in a HYSA. this is loss of a job fund to keep you going. I like to have a wtf fund as well. For those wtf moments that life brings you like car/home repairs. this is just a few thousand. just to keep from dipping into the EF. Contribute to the 401k comfortably. Don't strain your expenses to contribute. Raise the contribution by at least 1-2% a year of you can do it. Common practice is to use your birthday, think of it like a present to yourself. Best of luck to you my man. happy investing.
Not saying 8% is guaranteed without risks but diversified etf's is overall a safe bet. HYSA is still like 100k+ without risks
You don't ofc, but OP could have still retired with 3M, even living off HYSA interest
The only functional good from his latest investments per the video, by the way. I'd treat it as my HYSA at this point.
Down 10k hehe HOLD THE DOOR!! Usually I’m ok during these down trends but my fiance and I are in the market for a house right now and this is potential down payment money. I’m ok with it being down, but it’s down pretty bad right now and I’m worried about how long it’ll take to get back to where it was. At the end of the day, I’m beating an HYSA, and I’m only slightly edging out SPY… for the time being. Since time is still on my side I’m not upset yet, but my time horizon is tighter than it’s ever been and I’m not a fan of this downtrend because of it
Depends on what you make and your definition of comfortable. I live in a HCOL area making around $150k. My husband’s looking for a job but it’s hard. We’ve been on one income for 2 years now. I wouldn’t call it comfortable, but I’m still setting aside about 20% for retirement plus maxing out my ROTH while also making decent sized payments on student loans. We aren’t vacationing anymore. We’re buying in bulk. Not much frivolous spending. But it’s discouraging that I’m not really putting money into my HYSA. My savings outside of investing has been stagnant.
Welcome to Sims Life. Recommend HYSA
You woulda made more money last year by putting your corn money in a HYSA bud
I'd get better returns in a HYSA. I think my LEAPs are the last time I trust amzn.
If we don’t pump tomorrow and next week I’m retiring to a HYSA
A lot of HYSA talk here mixes goals. Parking cash, emergency savings, and money waiting to be invested all want different things. Optimizing for yield alone can be the wrong move if access or timing matters more than a few extra basis points.
When are you going to be using/needing the money? If less than 10 years, sell and go back to a HYSA. And then take some time to learn about asset allocation and risk. If more than 10 years, do not sell. And then take some time to learn about asset allocation and risk. Stocks are either a long-term investment or gambling. My rule of thumb is to always be prepared for a 40% correction will occur next week and it will then take 8 years to recover. Been there.
Do you have emergency funds in a reasonably liquid state? If not, I'd consider using a HYSA to build out your contingency plan for those life emergencies. I think the standard is 3x your monthly income. Once you drop money into ETFs, forget the money exists. If you need reassurance, zoom out and look at the 1 year and 5 year performance trends. Is the right hand side of the chart higher than the left?
If a regard would have put $69k into a HYSA back in 2021, they have more purchasing power than what they have now with BTC, butt without the volatility and taxes, lmfao.
> I guess im looking for reassurance that its better then just a 4% HYSA because thats what i switched that money from. Depends what your goals are. Moving from HYSA to brokerage/stocks could be a great choice, or a terrible one.
The market goes up on average 10% a year INCLUDING down years, a HYSA will never go down but you will only ever get 4% in the market some years you get 20% some years you get -20%
The market's been choppy as of late. In the short-term, equities might drop. In the long term (decade plus), you will very, very likely outperform a HYSA by a significant amount. One thing is that there's no benefit to owning both VOO and IVV. They're the same. No real harm in it, either, but I didn't want you to think that it was a form of diversification since they both hold the same underlying assets.
For me, retirement funds still in the markets, paying down any loans over 4% interest rates, 2 years living expenses in HYSA/CDs, a handful of stock picks I believe in, and the rest I'm raising cash to purchase hard assets like property. I think those most at risk are those with white-collar jobs that don't own their home yet and have most of their money in the markets. A lost job and a market downturn, which are very possible, will wipe these people out.
Bruh im bout to pull out all my shit and just keep it in a HYSA because at this rate we are having a negative year. No way we getting 10% market this year..
Yeah my point isn’t the kid doing it. The parents can easily help a child get there if they start right away. With even just a HYSA $1500/year gets you there. In a decent SP500 etf you could get there with less than 1000
I’m liking the RH credit card, 3% cash back across all categories (all purchases) that can be instantly deposited into my RH HYSA which also gets interest.
Sadly most people don’t even use a HYSA and just get 0.01% a year
There is always risk in short term investing. The only risk free are those smaller returns that you said you aren't interested. Either put it in an index fund understanding you could lose money or put it into a CD, MM, HYSA, SGOV type thing
I would separate out my guesstimated tax burden and put it in a HYSA or a CD, and then dump the rest into a mutual fund or maybe VOO.
> Want to avoid wall street bets, but better than HYSA, MMA, CD? I’m leaning towards index fund. I figure some people here have some good ideas and pitfalls to avoid I mean, you could put $100k into a stock index fund now, and lose half of it by April 2027. You good with that? Or how much are you good to lose between now and then?
The rationale behind it depends on what you're invested in. If you invest in some random penny stock, there is effectively no reasonable argument to keep investing when it's going down. If you invest in something like VT, an ETF that tracks the global market, you're betting on the entirety of the world's economy not to implode over a 30 year period. I agree with others who say invest when you have income. Keep that emergency money in the HYSA. Best of luck on the job search!
HYSA is Tech stock father
About to be flat since last January. Fuck this shit. Should have just put this shit in HYSA and sleep
That HYSA looking ripe right now 🤣