Safe place to put 50K $ to beat inflation
I have about this much in cash and I cant let it keep sitting in my savings account cause of inflation. I was gonna use it to co invest in real estate, but that plan fell through. I'm not willing to lose this really, so I need a low risk place to put it where I can liquidate it whenever I want. I will probably use this money as a portion of a downpayment on a condo in the future. One thought is wealthfront account with lowest risk factor, second is gemini earn or celsius with USD stablecoin, although there is a risk of the default on the counterparty. Any other ideas? I don't care about high return, i just need this $$ to be safe.
High yield savings. I wouldn't let it near crypto.
High yield savings will not beat inflation, show me where lmao
Well to be fair, I voted for safety rather than half decent returns lol.
If you really need it for a down-payment then you're risking your entire home purchase plan by investing that money.
Just buy the bond index. You’re going to have to absorb real risk if you do anything other than bonds, stablecoins or high yield savings. Cash is trash
You want to do $10k in Series I bonds. It’s virtually risk free and will keep pace with inflation. The rest you should put into a high yield savings account until you can buy more Series I bonds next year.
How do you buy series I bonds?
If you have a wife and children buy 10k for each with their ssn.
Stock noob here, are bond index = SPY/VTI?
F
Those track stock market indexes so they’re volatile
NRO account in India
If you are planning house in next couple of years, i ll say stay away from stonks as it may impact your plans. Its hard to time everything correct and gain max
Dollar Cost Average into VOO and BTC
VTV, VYM, GLD, SLV
I bond 10k