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Where to invest money ?


SDT

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4 hours ago, SDT said:

I work in MSFT and have saved about 680K in cash and paid off my mortgage. Please advice 

Invest on your looks and get re-marry one of Mega daughter, 

you will be divorced soon, ask double the investment in 1year, so you get 2 milion, good luck, 

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4 hours ago, Rabbo said:

Could you suggest good banks for CD ?

US Bank, CIT Bank (Owned by First Citizens Bank), Discover Bank are all providing more than 5% for 1yr - 2 yr Fixed deposits. 

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4 hours ago, Rabbo said:

Putting money in Savings account makes a lot of sense now. You can pull out money anytime. However taking a 3-5 yr CD will ensure you get these interest rates even after Fed starts cutting the interest rates in future. Its a good idea to put the money we may not need into these CDs.

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7 minutes ago, Gulebakavali said:

Betterment Cash Reserve - 5.25 APY .

4.75% usual ga, till year end new customers ki extra 0.5% bonus. 

Whats BCR? How or where do you buy them?

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  • 3 weeks later...
On 8/2/2023 at 9:20 AM, Tellugodu said:

35% invest in CD with interest rate of 5.50 percent 

40% invest in S&P 500

15% invest in money market with yield of 4.50-5% 

10% buy good quality stocks such as MSFT/Apple/Nvidia 

Thank you bro 

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On 8/2/2023 at 1:20 PM, ANNA_PLEASE_PETTU said:

Invest on your looks and get re-marry one of Mega daughter, 

you will be divorced soon, ask double the investment in 1year, so you get 2 milion, good luck, 

Not everyone like your mother who gets divorced bro 

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  • 3 weeks later...
On 8/2/2023 at 8:32 AM, SDT said:

I work in MSFT and have saved about 680K in cash and paid off my mortgage. Please advice 

Troll post ki sincere responses istunnaru va. TS works in Msft and asking for suggestions in this db after accumulating 680k

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But T Bills issued by the US govt. Very easy to open an account with www.treasurydirect.gov. Keep buying 3 month T- Bills at 5.50, 27 week for 5.4% and 1 year T - Bill at 5.5%. Safest bet and on bank will beat this return.

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