120k savings in 2years. Where to invest ?
I saved around 120k in 2 years working with Amazon right after grad school. 100k cash and 20k in stocks. What should be my strategy to invest ? I didnt make too much profit on stocks unfortunately.
High yield savings. You can thank me later
Hang in, market is heading down and keep your money ready, lot of good stocks to pick from in 3 months from now.. I have over 180k in cash lying with me.. of which 55k made as profit in last 1 year.
How did you make 55k in an year?
Fb, Tesla, amzn to name a few.. investments
As you are young I would recommend to build a good dividend portfolio for next 5 years and after 10 years all you'll have is free money from dividends covering all your expenses.
Vegas, all on Red.
I'd put it in a Schwab SIP account
Depends on your withdrawal timeline. Are you looking to buy a house or make any other major purchases in the next <4 years with the savings? If so, your safest bet is high yield savings and CDs. If not, index funds are your friend. Vanguard/Schwab/etc are pretty popular but you can also trade ETFs free via Robinhood if you’re more motivated by their platform. You should also be maxing your IRA and investing heavily into 401ks (Traditional and Roth - it’s a crapshoot between the two honestly, so diversify). Typically those accounts offer target date funds which will adjust your portfolio based on your expected retirement date. If you want to be more hands-on, look into companies you believe in that you think have high potential for upside and invest in them. I’ve heard the recommendation a few times to pick 5-10 companies (few enough that you can keep up with all of them) you believe in and invest in those. Only you can determine your level of risk tolerance and how much you’re willing to allocate. I’d generally recommend earmarking at least 20% for retirement (more if you want to retire early) and split the rest however you want. Of what’s left after retirement I generally send 30% to the few companies I picked and 70% into various index funds - some total market and some sector funds (e.g. tech sector, utilities, healthcare, etc)
Bitcoins
Too mainstream bruh. Hodl altcoin
I have $200k sitting in BOA for which i m not getting anything ? Which bank or institution gives the best interest on money ?
No i dont want to invest. Investment is risky enough for me. I m looking at CDs which gives me highest returns and no risk at all
Even with CDs, after taxes, you can’t beat inflation, which is 2-3%. The only way to beat inflation and make your money worth more in the future is to invest it. Investment is bot risky, you can dollar-cost-average into the market over a period of time. Short-term investments will result in losing your money’s worth. Read the article above very carefully.
Titan seems a good place for investment and education.