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Message
Where to invest lump sum
Posted on 4/25/24 at 3:10 pm
Posted on 4/25/24 at 3:10 pm
I have a lump sum I need to get out of HYSA and into an investment account. Currently have nothing open, so just getting started. Ideally, want to set it and forget it. Any thoughts and recommendations?
This post was edited on 4/25/24 at 3:17 pm
3
Posted on 4/25/24 at 3:19 pm to BhamBama
Are you wanting to put it towards retirement? How much is the lump sum? Are you going to need it or any of it in the near future?
People will need to know those answers and probably others before helping.
People will need to know those answers and probably others before helping.
This post was edited on 4/25/24 at 3:21 pm
Posted on 4/25/24 at 4:27 pm to BhamBama
Fidelity
Dump it all into FXAIX
Dump it all into FXAIX
Posted on 4/25/24 at 8:08 pm to BhamBama
Just like NA stated, you need to really define what/when you want or will need this money. Do you want something taxed advantage?
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