I have 44 K in savings, and right now I have it all in my bank account. Looking for ways in which I can invest the money and not just leave it sitting in the bank. Any suggestions would he highly appreciated!

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Currently reading Tim Hale's "Smarter Investing", as suggested by other 🐠ers here.

Can't recommend it more if you're looking to set up a portfolio that fits your needs!

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auto invest a certain amount into index funds each day. with dollar cost averaging method, you won't have to be worried that you buy it too high.

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Depends on your goals. If you are planning on buying a home soon you will want to invest in bonds or other low risk investments. If you are investing for retirement a low cost index fund is your best option

First of all, how risk-averse are you? There are countless options to invest a sum like that ranging from High Yield Savings, CDs and bonds to riskier ones like index funds, focused funds, individual stocks as well as Crypto. You can also use it to put a down-payment on property depending on location.

It all depends on your financial plan that takes into account your ability and willingness to take risk, your investment horizon and your free cash flow (net of expenses).

As a first step, consider moving it to something like Wealthfront or Betterment to do some lightweight and generally safe investing.

Look into FIRE. Long story short invest it all into index funds immediately. Keep investing into it and you can retire early.

Maybe stake in stablecoin, or do something like Gemini Earn with GUSD

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