Financial overshare: As you may have heard, I'm sitting on the proceeds of our house. Curious what you all feel about where to put it knowing that -- (edited)
Posted by
oblique (aka kkuphal)
May 3 '22, 13:52
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it is to be self-directed and "non-retirement" in my mind in that I want it accessible as needed. Reason being I already have 401k funded, an IRA (not actively contributing), Roth (not able to contribute due to income level), as well as annuity products as part of our life insurance/retirement planning
Emergency fund:
$12k in PNC savings (shit interest)
$20k in Discover savings (0.6%)
$5k in Donut (Defi - 5%)
$2k in Bitcoin ("fun" money)
Proceeds are $140k
Plan:
$15k back into savings (from earnest money)
$30k in I-series ($10k each + $10k trust)
???
What options would you consider?
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Responses:
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I was going to say emergency repair fund, but you've got that covered. Mad money fund? -- nm
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.
May 3, 19:28
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here are my thoughts...
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colin
May 3, 14:49
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can't be much of a slacker if you haven't considered plowing it all into hookers and crack....YOLO -- nm
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zeitgeist
May 3, 14:30
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I'd look at a few ETF's in select markets.
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RelutantCynic
May 3, 14:21
1
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Russian yacht. -- nm
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Reagen
May 3, 14:16
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NFTs, Free Chipotle for Life, Side Business -- nm
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budice
May 3, 14:16
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Backdoor IRA and mega backdoor 401(k) options, then index funds in a brokerage acct.
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znufrii
May 3, 13:57
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College Tuition holdings? Money Market acct? -- nm
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budice
May 3, 13:56
1
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Vegas, then retirement -- nm
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Spawn
May 3, 13:55
5
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