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Savings money $200k


Mohini

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1 hour ago, beerboy17 said:

EE bonds better emo double after 20 years .

 

@Spartan which provider you used to open the SPY ? And also for Roth IRA ?

SPY and Roth IRA both Fidelity.

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4 hours ago, Mohini said:

Can we use business checking account(LLC) to debit for all family?

@Spartan 

Dont think source of funds matter from buying bonds perspective. Have to be all separate accounts though, for each one in the family.

But it could be an Audit from IRS tax filing time, on justifing LLC funds being used for personal use. 

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On 10/13/2022 at 6:02 PM, Spartan said:

  

https://www.treasurydirect.gov/savings-bonds/i-bonds/

@Mohini direct ga koneyadame...but u have limit of 10K per annum per person.

 

200K

100K -> CD

20K -> iBonds

30K -> SPY, VUG funds = 30K mottam lumsum pettakunda weekly 2K ala pettukuntu velu for 3 months.

6K -> ROTH IRA

45K cash.

 

@Spartanthanks anna for Sharing I bonds info. Vache vaddi lo kalisinapudu biryani ippista Nuvu elagu taagavu kabatti 😃

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On 10/13/2022 at 4:54 PM, Mohini said:

Stocks lo pettu ani cheppa kandi.

Bank lo oorike ala padi unnayi.  Em cheyali vatini to double the money. Options cheppandi vayyas.

India ki matraam invest cheyyanu. My life is settled in US.

Inthaki em chesavu

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