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
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.
-Maxed out 401k
-I've invested 30k in wealthfront savings account which offers 2.57% per year
-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.
-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
-13k in acorns
-speaking with multiple advisors
- reading financial books and understanding my options
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.