It's a small amount of money. With the stock market bouncing like a ping-pong ball and a recession being forecasted by every other analyst, how should I invest 200k? I could put it in a CD or Savings account but the return is pathetic. Any other ideas? Gold? Silver?
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- Apple AppleCarDepends on the return you expect. If you expect a normal 10% return I would suggest you keep it cash and you the money to buy a house if the market falls next year.
Cash in hand will give you lot of options and you may be able to get a good deal, no risk of loss and potential to buy something at great price
Worst case - you still have ur 200k
- Money market - 2% and highly liquid to pounce when asset prices drop towards the mean
- Some of the roboinvestors are a decent place to earn mediocre returns in lieu of anything else. Wealthfront, Betterment, both have done well for me personally. I'm sure there are others.
- Approx two years, risk threshold was 9 until July when I bumped it to 10. Return was approx 8% until this past month's crash, now I'm sitting at -1.2% and starting to climb back. Not as good as back when I was day trading, and the crash only got handled mediocrely, but for a zero-effort long term holding it's not bad at all. The markets will either rebound and bring wealthfront back into the black or the market will continue crashing to the point where any other unmanaged investment would do about the same.