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Started By
Message
Advice needed
Posted on 11/12/19 at 10:23 am
Posted on 11/12/19 at 10:23 am
I am looking for advice. I have some money that I’d like to invest. I have liquidity needs every May.
I have some, but not a lot of tolerance for risk. Thoughts, comments, questions.
I have some, but not a lot of tolerance for risk. Thoughts, comments, questions.
3
Posted on 11/12/19 at 10:48 am to Godzilla
This is extremely vague.
What liquidity needs in May? Are you saying you have cash you will need in May?
What liquidity needs in May? Are you saying you have cash you will need in May?
Posted on 11/12/19 at 10:51 am to wasteland
Every May I pay tuition. I will need to use this pool of money to pay for that.
Posted on 11/12/19 at 11:05 am to Godzilla
Depending on how much longer you’re going to be paying tuition, sounds like your best bet is a “high yield” savings account or money market fund. I agree that your risk tolerance should be low, since you can’t afford to lose money that you’re going to use to pay for school. School is more important than chasing yield.
Good luck.
Good luck.
Posted on 11/12/19 at 11:21 am to Godzilla
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