I have around 230k of my stocks in my brokerage account, the stocks belong to a non FAANG company with 18% growth last year. Any recommendations on what other stocks I can re invest this amount in?
VTSAX
FSKAX for Fidelity users
Do your own research smh… Or hire a professional. For someone with that kind of cash flow and I’m assuming a good job, you’re more than capable of researching and not relying on anonymous people at Blind to determine your financial future
That is all I have apart from cash in my bank (120k) is that too much money? 230k in stocks?
Index fund S&P 500
Slow and boring. Never do this with a lump sum like OP has. Get property with lump sum or angel invest in startups (upside is much higher) and DCA 10% of pay check info S&P500 index fund.
Yolo TSLA options calls
Ummm buy some property in addition to investing in stocks, startups etc. Put it on rent and it’s a free house in 15-30 years. Real estate property values are insane in the past decade and will only go higher considering what incomes people make in Greater NY, Bay, & Seattle area.
Fnilx! Fzrox!
SOFI
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Congratulations! That is a nice investment.