I have approximately $180k saved for a house down payment, and I also have $330k from the sale of RSUs (Amazon and Oracle). A Fidelity financial advisor has suggested that I consider their separately managed account service, which involves investing in stocks and tax loss harvesting. They would charge a fee of 0.4% of the portfolio. However, I'm hesitant about investing in an inflated market at the moment. Currently, all of my money is in the FZDXX money market fund, where I'm earning a 4.9% interest rate. Given the circumstances, should I wait until December to engage in dollar-cost averaging (DCA) into index funds, or should I begin investing with Fidelity in individual stocks or ask fidelity to start investing for me after next 6 months
All in crypto
This is either a terrible idea or a great idea
Private lending
If they can beat market returns, then go for it.
They try to beat s&p 500
What's their returns? Generally actively managed funds on average aren't great
Index funds only.
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QQQ or Apple saving account or Marcus 5% interest?
I am already getting 4.91% with money market fund
But MM funds aren’t FDIC insured