How can I appreciate this money with low risk? I have some 90K in Charles Schwab robo advisor and 50K in checking account as emergency fund and I have 120K in 401K. Should I invest this money in my existing Charles Schwab portfolio or should I directly invest in stocks or should I just keep it in current bank or should I keep it in high yield savings account like Ally bank?
You want low cost index funds, try a total stock market one.
VOO + AAPL + AMZN
I’d hate to see what you consider medium risk
Medium risk: crypto High risk : poker, roulette, lottery tickets
VTSAX
Buy a studio?
Studio apartment? Which location?
Are you in Bay area? I think that $160 k can afford for the doenoayment of a Livermore studio. And you can rent it out?
Don’t keep that high of a balance in a checking account, at least put it somewhere with decent interest rates.
Porsche 911
How is the robo advisor doing this year
Putting it in a vanguard target retirement date fund has consistently beat my wealth front returns by 3-4% every year
VWIAX
The Wellesley funds are good, though they're active funds and also the focus on high dividend yields means more regularly taxable income.
True true