I’m about to get ~$400k from a home sale. Looking for sit on this for 1-2 years and then most likely put down as downpayment on a home in a much more expensive area. What are some good options besides high yield savings account / CD?
19 replies (most recent on top)
Invest in a writing class as soon as possible.
Bitcoin
Put down on nvda and see it grow ten folds in two years.
Flush down the toilet paying rent or getting a new high interest rate mortgage. You probably voted for Biden anyways so you deserve to get ripped off.
@1xfn+1tesz01V RTP and Texas and Georgie and all the other re----k places Chuck is moving are cheap as he-l.
Bunch of weirdos in this comment section... Yes, I would rather see these OP's posts then "I left Cisco 19 years ago" nonsense.
CDs and government bonds. paying well currently for safe money.
$400k in this market? you must live in a trailer.
And you think asking this on a layoff channel was the right thing to do? Not your financial advisor, not your family or friends but here ?
Live in a much more expensive area. You got it. You got it figured out.
T-Bills and chill.
Sir, this is a Walmart.
Nvidia calls YOLO it
Become a billionaire
Then buy Cisco and close it
Please donate your MONEY to me, i will take it
How the f-u-k is this relevant to a layoff/company information board? Are you soft bragging about your hundreds of thousands waiting to be invested? Ridiculous.
I personally like T-Bills right now. Right now for the 30 day they're paying 5.3%. A good strategy may be in buying a certain # of T-Bill certs, them ride to short-term maturity, then re-invest at what ever the rate is at that time. Compounding your profits.
Contrary to what the Government implies, they won't be able to drop interest rates any time soon....
T-Bills can be easily purchased thru your brokerage account. Plenty of You-tube tutorials on how to do it.
I use this strategy to supplement my social Security. Easy money.
Treasurydirect -
government bonds (treasury bills, notes)
Short csco
You are one d-mb fu-k to be asking that question here