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Message
I have 100k cash and no earthly idea what to do with it
Posted on 6/12/23 at 6:08 pm
Posted on 6/12/23 at 6:08 pm
Scared to buy anymore crypto
Was doing great in the stock market til it crashed
Best mutual funds?
What would you do with it?
Was doing great in the stock market til it crashed
Best mutual funds?
What would you do with it?
This post was edited on 6/12/23 at 6:09 pm
Posted on 6/12/23 at 6:11 pm to Vanilla Ice
quote:
Scared to buy anymore crypto Was doing great in the stock market til it crashed
The opposite of what you’ve been doing
Posted on 6/12/23 at 6:29 pm to Vanilla Ice
Lump sum into SCHB or DCA into it if you need the psychological boost.
Posted on 6/12/23 at 6:36 pm to Vanilla Ice
If you don't need it anytime soon. Low cost index fund like VTI.
Posted on 6/12/23 at 6:45 pm to Vanilla Ice
Buy a house and rent it.
Posted on 6/12/23 at 6:50 pm to Vanilla Ice
quote:
Was doing great in the stock market til it crashed
When was this?
Posted on 6/12/23 at 8:01 pm to Vanilla Ice
Park it somewhere at 5% until you have a well thought through plan.
Posted on 6/12/23 at 8:35 pm to Vanilla Ice
How did you get here? Is this money that was in the stock market that you pulled out? A windfall? What percentage of your invested assets does this represent. Based on the fact you have been invested in the stock market and crypto, and are looking for input what brought you here?
Posted on 6/12/23 at 9:27 pm to Vanilla Ice
Put half into FBGRX, half into VTI.
Posted on 6/12/23 at 9:34 pm to Big_Sur
quote:
Park it somewhere at 5% until you have a well thought through plan.
This exactly.
Posted on 6/13/23 at 6:11 am to SloaneRanger
quote:
Park it somewhere at 5% until you have a well thought through plan.
Could have ended thread here
Posted on 6/13/23 at 7:02 am to Vanilla Ice
1. Pay off any credit cards.
2. Max out every retirment account for the year.
3. Pay off car note if you have a high rate.
4. If there's any left over, investment property.
2. Max out every retirment account for the year.
3. Pay off car note if you have a high rate.
4. If there's any left over, investment property.
Posted on 6/13/23 at 7:10 am to Vanilla Ice
Posted on 6/13/23 at 6:36 pm to Vanilla Ice
You are Vanilla Ice. You have $100k. The answer is hookers and blow.
Posted on 6/13/23 at 7:05 pm to Vanilla Ice
Plow it all into crypto to average down and pray it has another run. Then sell it all and give it to me for all of my potato skin coins
Posted on 6/14/23 at 7:14 am to Vanilla Ice
Put it in TSLA stock and come back to it in 5 years if you do not need it. I'm not joking, it's probably the best growth stock to put it in. Even letting it sit 1 year would more than likely gain you great gains.
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