Would you invest in a s&p 500 index short term if you watched it closely?

Oops, moving to money board

Invest it in a family dog instead

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buy a cellphone for your daughter so shes not asking random people to borrow theirs.

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I did, she gave it to some guy she calls papi for drugs.

No. I wouldn’t. Might be up in 2 years or might drop 25%.

You can get 5% CDs right now.

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No. I wouldn’t. Might be up in 2 years or might drop 25%. You can get 5% CDs right now.

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this.

I might look at this a bit differently than the typical advice "if you need the $ in 5yrs or less dont put it in the market." You may not need these specific funds if you have an ample well diversified portfolio. Your ability to sustain market risk isnt equivalent to a first time homebuyer with no other means to fund the down payment.

If you buy an ETF not mutual fund you could put on a stop loss order so you wont have to watch it yourself.

Also consider tax optimization by gifting appreciated shares instead of cash. If your daughter is in a low enough tax bracket she might be subject to zero long term capital gains rate. If she has low income now (recent college grad etc.) but will be above the threshold at time of purchase you might make the gift early. That could essentially provide a 15% boost to your gift or more if you are in 20% LTCG and/or subject to 3.8% NIIT.
(Someone please correct me if wrong. I have no tax expertise.)

2 years is such a short term window I wouldn't risk money that you need. CDs etc seen like a much more attractive option

The absolute worst thing you can do is panic sell so if this is your approach, stay away

If you did this, would a loss like today trigger a sell or not?