Saved $100k, Nervous, what should I do??

Jul 16, 2019 844 Comments

Peeps, for the first time ever, managed to save $100k. I am nervous as to deciding what to do with it.
Home: Bay area, $100k won't do much
Bullion?
Physical precious metals?
Stock market: too risky for me, I don't like this option
VTI/VTSAX: put 100% in to this?
High interest accounts: is this an option?

Appreciate your help.

Update: looking for investment opportunities where I can exit in 2-3 years from now.

Update: 7/18
-No kids
-Maxed out 401k
-I've invested 30k in wealthfront savings account which offers 2.57% per year

Update: 7/20
-invested another 25k in wealthfront (total: 55k)
-buying 1 OZ gold coin every month, for the last 2 years. ($1100-1450$ each month)
-getting help from few financial strategists. I'll share what I hear.

update: 7/27
-not sure if many of you know about acorns, i used the app to save small change, i logged into the app after almost an year, to my surprise i have $13k invested in "high growth" wirh returns of 20% so far. pretty happy with that. here is my invite code if anyone wants to join and get $5, https://acorns.com/invite/3R28D5

- invested rest in wealthfront. $100k for now
- bullion worth 30k
-401k maxed
-13k in acorns
-speaking with multiple advisors
- reading financial books and understanding my options

comments

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TOP 844 Comments
  • DoorDash / Eng usbwhwb
    How many yoe do you have? Mind asking your age?

    If you’re not in a rush to buy a house, I would invest 10% in bitcoin, 40% in Uber & Twilio stocks, and 50% in pre-IPO companies like Airbnb.
    Jul 16, 2019 30
    • Taylor Farms azerty_
      Someone can easily sell low quality gold coin that’s worth next to nothing for 1500. Price isn’t an indicator here.
      Aug 14, 2019
    • BYTON cJKu57
      @ebay is demonstrating the dunning kuger effect
      Aug 14, 2019
  • ConocoPhillips fisshy
    30k savings account, 65k index of choice, spend 5k on prosthetic balls since you don’t have any
    Jul 16, 2019 7
    • Expedia Ytdj51
      Better hurry and get the balls, prime day ends soon
      Jul 16, 2019
    • Workday hz456$&
      The only right advice . I would suggest 15k savings 30 k bonds rest in vtsax
      Jul 16, 2019
  • Microsoft 🦍Ape
    Is saving 100k in tech even a lot?
    Jul 16, 2019 18
    • Microsoft / Eng
      MgIr74

      Microsoft Eng

      PRE
      Amazon
      MgIr74more
      Gotta pump those numbers up. Those are rookie numbers.
      Jul 17, 2019
    • Microsoft / Eng DeviousOps
      I still remember the eyes of an other senior when I stuff that he shall be able to get the top Tesla model S with out borrowing money... And he acted as if I said he should be able to buy a Bentley...

      It is sad that so many clever ppl believe that they don't need to save and they can spend everything... because they will keep making comperable amount of money...
      Jul 17, 2019
  • Amazon fhf5ndt9
    BYND calls
    Jul 16, 2019 6
    • Kaiser Permanente / Ops Tztp15
      Entire path similar to tilray last year... be careful..
      Jul 16, 2019
    • Google whatsgood
      I made a few years salary doing exactly that. And the puts on the way down. Do not fear options but only bet what you’re willing to lose.
      Jul 18, 2019
  • Amazon / IT
    imcc70

    Amazon IT

    PRE
    Google, Facebook
    BIO
    It’s day 2 at Amazon
    imcc70more
    Put it all on crypto. Ask un in December what to do with your half million
    Jul 16, 2019 4
    • Microsoft blinkd182
      Yeah. Imagine your fomo if you don’t do this.
      Jul 16, 2019
    • MGM Resorts joTz32
      December 2021. Exit early December or before.
      Jul 16, 2019
  • Flagged by the community.

    • Amazon rune
      Also you just revealed who you are. Doesn't that defeat the purpose of blind?
      Jul 16, 2019
    • Google mj8awr
      This guy can't fuck him more than he has fucked himself by sitting on a pile of cash that loses its value daily.
      Jul 16, 2019
  • Flagged by the community.

    • SAP / Consultant turdytree
      Quality of Blind apparently rapidly declining if that kind of posts are cool.
      Jul 16, 2019
    • SAP / Consultant turdytree
      Outa here.
      Jul 16, 2019
  • SAP / QA Explosive
    Follow the old and gem saying “dont put all the eggs in one basket”.. with that i would do following with 110K( PS: one may wait for good entry but time the market is hard)-

    1. 15K in saving account ( choose any capital one or GS Whoever giving more than 2%)

    2. 15K for CD for one year and renew

    3. 20K high yield and reliable dividend stock like - At&T, Verizon, Coke, Metlife etc. (choose 2 or 3 such sticks)

    4. 10 K to invest in MLP ( this will give high yield dividend 6 to 10% ) and its tax efficient.

    5. 10K to invest in REITs like VNQ, REET etc.

    6. 10 K to invest in BDC to access private sector market with high yield.

    7. 10K A or above rated bond fund

    8. 10K to invest in growth stocks ( choose any 2 or max 3) try to diversify across sectors)

    PS: above is quite balanced and conservative approach. Based on you marital status, family dependency or your age you may go more defensive or aggressive.

    Hope this helps.
    Jul 16, 2019 4
    • Twilio FojK62
      Not good advice for something he wants in < 2y
      Jul 17, 2019
    • ADP / Eng jsvsxp
      This guys invests. Diversify. Spread your risk.
      Jul 17, 2019
  • New / Design zTpQ78
    Buy bitcoin, sell it after 2 years.
    Jul 16, 2019 1
    • Google uKi6be
      That's how you turn 100k to 10k
      Jul 16, 2019
  • Flagged by the community.

    • Amazon / Eng AMZNBucks
      Thank you, I can confirm from my get rich quick schemes that red never fails you. Unless you have a feeling that it will, then just sit out that spin
      Jul 16, 2019
    • TuneIn WsvF24
      Wanna jack pot. Put on Zero
      Jul 16, 2019

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