Have 350k in cash, have unfortunately been super conservative or rather I would say silly holding money in the bank all this while. What would be a reasonable strategy to invest this money?

likesmart
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Sidebar question: How long have you spent saving this cash balance?

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Was the same way as you. After seeing the madness in the last two weeks, I have made considerable investments purely from an investment perspective and made sizeable returns.

I have also started doing YOLO calls!

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BCG you should add NOK

All in GME

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Start with index funds. ARKK; VOO; ARKG; QQQJ. Set it and forget. Dollar cost average on your way in to the market.

Good time to buy AMZN this week before earnings. Same with AAPL today.

Save a portion (3-5%) for fun money. Risky bets, meme stocks, etc. some of these will actually play out. But be comfortable that you could lose it all

like

How much of the 350k are you planning to invest?

I want or rather need to invest all

Before you invest have a plan. Make sure you have an emergency fund. Do you max 401k and Ira? If not do that. If you have money left, I would suggest a broad market index like VTI. If you are saying you don’t know what to to, I think this is the simplest answer.

put 30k into GME 🙌💎🚀🚀🚀🚀

Nok

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