Peeps, for the first time ever, managed to save $100k. I am nervous as to deciding what to do with it. Home: Bay area, $100k won't do much Bullion? Physical precious metals? Stock market: too risky for me, I don't like this option VTI/VTSAX: put 100% in to this? High interest accounts: is this an option? Appreciate your help. Update: looking for investment opportunities where I can exit in 2-3 years from now. Update: 7/18 -No kids -Maxed out 401k -I've invested 30k in wealthfront savings account which offers 2.57% per year Update: 7/20 -invested another 25k in wealthfront (total: 55k) -buying 1 OZ gold coin every month, for the last 2 years. ($1100-1450$ each month) -getting help from few financial strategists. I'll share what I hear. update: 7/27 -not sure if many of you know about acorns, i used the app to save small change, i logged into the app after almost an year, to my surprise i have $13k invested in "high growth" wirh returns of 20% so far. pretty happy with that. here is my invite code if anyone wants to join and get $5, https://acorns.com/invite/3R28D5 - invested rest in wealthfront. $100k for now - bullion worth 30k -401k maxed -13k in acorns -speaking with multiple advisors - reading financial books and understanding my options
How many yoe do you have? Mind asking your age? If you’re not in a rush to buy a house, I would invest 10% in bitcoin, 40% in Uber & Twilio stocks, and 50% in pre-IPO companies like Airbnb.
Put it all on crypto. Ask un in December what to do with your half million
If your risk tolerance is 0, you can do high interest savings account or CDs and get > 2% return guaranteed.
Keep 30k cash Toss rest into SPY and never look at it again
Don’t listen to them, put it on black
Why not diversify and put on both?
In it for the free drinks anyway
You can’t really expect to invest if you have zero risk, especially on a 2-3 year timeline. Best thing you can hope to do is keep up with inflation via a high yield MM account like Wealthfront’s (2.57%), or a CD. There aren’t any many non highly speculative investments that’ll give you a significant return in 2-3 years anyway. Maybe consider splitting up between high yield cash, VTI, and BND. Depending on allocation that could be a pretty conservative investment.
Sure I'll check these options
BYND calls
Take some loan and go all in
Wsb is leaking