Is there still a way to save cash from inflation?
Dec 11, 2021
24 Comments
Was saving for down payment of a house in LCOL + some for appraisal gap. Couldn’t convince myself on any house and instead found a job in bay area and moved. Now I have 200k+ cash. Can’t afford a house here in bay area but don’t know to save the cash from inflation either.
Have increased recurring investments but not sure if it is safe to pump this much cash in stocks at current market scenario with rising interest rate uncertainty.
Not looking for high risk high return, just aiming to save it from inflation with the minimal risk.
Blind tax: 330k TC (not at Intel anymore, switched very recently)
comments
There will be people that tell you to invest the whole thing now, and they may be right statistically but personally I would have trouble sleeping at night. If the market drops 10% the next week I would be kicking myself asking why I didn’t just wait a week. If you put it in over time those thoughts go away, at least for me they do.