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Personally, I'd just throw it in safe 4% account for a couple years. I have no faith the stock market isn't going to tumble. Then I'd probably buy real estate
by silisili 4y ago
Personally, I'd just throw it in safe 4% account for a couple years. I have no faith the stock market isn't going to tumble. Then I'd probably buy real estate if/when it 'crashes.'
- JKCalhoun 4y agoIs 4% a thing now? Wow, it keeps going up. I would split the $700K and put half in savings, the other half, as the OP says, in an index fund (Vanguard Admiral shares require $3000 initial purchase).
- pasttense01 4y agoSchwab Value Advantage Money Fund® – Investor Shares (SWVXX) 7-day yield (with waivers) as of 01/06/2023: 4.27%
- divbzero 4y agoYou could even lock in a 4.45% yield (as of last Thursday) with a risk-free 2Y Treasury: https://fred.stlouisfed.org/series/DGS2 https://fred.stlouisfed.org/series/DGS2
- tootie 4y agoYou can put cash in a Vanguard money market. They're over 4% now.
- malshe 4y agoMarcus by Goldman Sachs is giving 4.3% on CD