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re: If you had 500K cash...what would you do with it?

Posted on 3/21/24 at 9:23 am to
Posted by brightside878
Baton Rouge
Member since Sep 2009
1563 posts
Posted on 3/21/24 at 9:23 am to
S&p 500 index and forget about it
Posted by EmmettFitzHume
Member since Dec 2023
10 posts
Posted on 3/21/24 at 9:38 am to
quote:

S&p 500 index and forget about it



Add 1/2 in QQQ ETF and you're golden.
Posted by Roberteaux
mandeville
Member since Sep 2009
5812 posts
Posted on 3/21/24 at 10:22 am to
quote:

S&p 500 index and forget about it


I think we're overdue for a crash. I'd put most of it into a money market fund for now and wait for the imminent crash and take advantage of a potential 20-30% upside.
Posted by Baers Foot
Louisiana Ragin' Cajuns
Member since Dec 2011
3547 posts
Posted on 3/21/24 at 11:12 am to
quote:

S&p 500 index and forget about it


This is what logically makes sense, but I'd probably just pay off what's left of my mortgage. Then set aside $50k each for each kid in a HYSA and contribute to a Roth IRA yearly with it. Toss 100k in the market, and then use the rest for treating myself.

Best way for me to personally use it when you're not guaranteed tomorrow.

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