What to do with 110k in cash

Autodesk boba415
Jul 17 40 Comments

Currently looking for suggestions and ideas how to spend my money.

What my situation is:
- 110k in cash in Marcus high yield savings account at 2.15%
- been maxing out 401k since I started working
- have shares of apple and tesla
- no debt
- have a nice car
- have a nice home lined up in the future
- did the hookers and cocaine thing
- doing leetcode to get a better/higher paying job
- currently looking into new investments for a roth IRA
- looking into CDs

TC: 180k
Yoe: 2

comments

Want to comment? LOG IN or SIGN UP
TOP 40 Comments
  • Oath Atinlay2
    Give it to me
    Jul 17 4
  • Zillow Group / Eng yWWu04
    Give it to me
    Jul 17 2
    • Uber himu00
      Give it to this fellow
      Jul 17
    • Microsoft aCCX36
      Yep, give it to him
      Jul 18
  • Qualcomm / Eng parrotcork
    Tomorrowland 2020 and burn !!
    Jul 17 3
    • Autodesk boba415
      OP
      I could see myself going
      Jul 17
    • Qualcomm / Eng parrotcork
      You are 25 damn !! Do it
      Jul 17
    • Autodesk boba415
      OP
      I already go to a lot of raves
      Jul 17
  • LinkedIn / Eng FYIWDWYTM
    Enough of these humble brags. "I got money and I don't know what do with it but I'm so grateful and y'all need to be happy with your lives instead of complaining."
    Jul 17 1
    • Autodesk boba415
      OP
      Why? No one forced you to click on them
      Jul 17
  • Palantir ReactrFuel
    SP500 set and forget
    Jul 17 2
    • Autodesk boba415
      OP
      Been thinking about this too
      Jul 17
    • Apple jKeb
      S&P 500 when the market is at an all time high with the longest bull run in history.

      Were you dropped on your head as a child by any chance?
      Jul 17
  • Red Hat / Eng johnniewic
    Is blind community doing alright today? Wonder no one mentioned the obvious - “hookers an...”
    Jul 17 1
    • Autodesk boba415
      OP
      Been there done that. I started dating a few girls so I don’t need hookers any more
      Jul 17
  • New / Product Brentwood
    I put $20K worth of money (which at the time was all I had) into the S&P500 and haven’t looked back. 8 years later I couldn’t be happier.
    Jul 17 2
    • Nextdoor / Design testes
      Gee what good timing.
      Jul 17
    • Yea seems almost made up
      Jul 17
  • New / Acctg
    sUta24

    New Acctg

    PRE
    U.S.Bank
    sUta24more
    you can help a lot of people all over the world with that kinda of money to be honest. You should think of donating it, be a generous.
    Jul 18 1
    • Autodesk boba415
      OP
      I’ve been thinking about donating money too. I donate all my old clothes and items I don’t use anymore to local goodwills
      Jul 18
  • 140 MSFT 7/19
    All in
    Jul 17 1
    • Microsoft aCCX36
      He saw the future.
      Jul 18
  • Apple TimAppl
    How old are you? Burn it
    Jul 17 1
  • Workday hz456$&
    80% vtsax 20% total bond fund
    Jul 17 3
    • Apple jKeb
      VTSAX when the market is at an all time high with the longest bull run in history.

      Were you dropped on your head as a child by any chance?
      Jul 17
    • New / Product Brentwood
      In case you don’t know, markets will continue to moon indefinitely for the foreseeable future (serious). A lot of fundamental changes have happened that ensure unlimited growth.
      Jul 18
    • Apple jKeb
      Absolutely. Growth will never end in our lifetime.
      Jul 18
  • Oath Atinlay2
    Check out this post! "What to do with $120k cash (Misc.)"
    https://us.teamblind.com/s/LLU4bHYb
    Jul 17 1
  • Fannie Mae 996
    As a start move all except for emergency fund (6 month expenses) into an index fund
    Jul 17 1
    • Apple jKeb
      Index fund when the market is at an all time high with the longest bull run in history.

      Were you dropped on your head as a child by any chance?
      Jul 17
  • New lawled
    Hire a financial planner and have them figure out annualities or life insurance, etc.
    Jul 17 1
    • Zillow Group / Eng yWWu04
      Waste imo
      Jul 17
  • Bank of America Private Bank / Project WalMan
    Buy $1000 worth of each top 10!cryptocurrencies and forget for few years -
    Jul 17 0
  • New / IT
    naire

    New IT

    PRE
    Andela
    nairemore
    ISA me with an interest
    Jul 17 0