Landed my first decent paying job at 28, saving approximately $5k a month. Suggestions for where to invest that to maximise returns but not have it tied up for too long (as I want to ideally pull it out to invest in a property in about 12-16 months once interest rates calm down)? Considering DCA into US ETFs and putting some into non-US sovereign bonds. Open to suggestions and thoughts please.

like
Posting as :
works at
You are currently posting as works at

If you want to buy a property in 12 -16 months I would not invest in the stock market. I would keep it safe. I bonds, t bills or CDs

like

Don't invest money you need in 12-16 months.

Seek out HYSA bonuses and other safe choices like ibonds, tbills, and CDs.

like

Non US employee so don’t have a 401(k)/Roth.

Can’t but I bones as non- US based. Will have to check up on t bills although those should be possible. Any particular reason you’re advising against the stock market even though it has dropped so much?

Because it can drop a lot more. Depends on how confident you want to be that the money will be there in a year

like

Related Posts

Really struggling with where to invest a few 100Ks (depreciating in the bank currently) in this market. Everything is at historically high price and it seems like I might just wait out for next large dip in 5-6 months vs investing now? What is your advice? Any stocks/ETFs?

likefunny

Buyout lease or buy new? Leased a 2014 Camry for 2 yrs. Has 20k miles on it, would be $15k to buy 4.99%, dealer says worth $13k. 2017 Camry: lease-$162/mth w/2500 down or buy $320/mth w/4000 down, 0%

like

When do we submit proofs for rent, investments, etc?

like

How much GUSD do you keep in BlockFi to earn higher interest?

likehelpful

Do bank managers/loan officers at local branches have any sway in approving loans? I live in a small Midwest town would it be better to go to my local bank and see if people I know there can get a better rate etc on an auto loan?

like

Can someone share experience of No broker's relax plan? Will it worth to buy while flat hunting?

like

Can someone explain whether you’d buy altcoins as a ETH pair vs a BTC pair? Does it matter?

How do you guys invest on gold? Is it just buying the biscuit or do you invest in their stock/ETF?

like

I am looking to buy my first rental property in a couple of months. What questions should I ask the realtors during the vetting process.

Not looking for a home for myself neccesarily . I am treating it as an investment.

like
like

Building out private investment platform for a growing company. Where can I find example docs of allocation policies, expense policies, etc. in order to create my own? Are there any good resources?

like

What can I do during downtime throughout my day to prepare me for investment banking? I have a while until I am eligible to move internally but I want to be prepared when the time comes

like

Hi guys,

I got my full and final settlement today but I can see no tax deduction. Does anyone know the reason. 4k tax used to be deducted every month till now. I also got gratuity and leave encashment along

like

Four words - Invest. In. Amazon. Stock.

110% Return on investment ( 1 year) and still projected to keep growing...

Laughable that banks and traditional 401k give you less than 5

likesmartfunny

Looking to support a new APIA founded startup? Well look no further!

Have you ever found something online and thought "... if I buy this, what about my anniversary gift, that trip to Europe, the car I always wanted..."

Well I have and founded Okane (money in Japanese 🤑)

Okane is a free Chrome Extension that focuses on goal-based budgeting. We track your wealth and help you save for your future goals while avoiding impulse purchases, right as you shop online. ( okane.crd.co)

Lmk what you think!!

like

The son of a friend is an advisor and is giving up. He has approached me about taking over his book, evidently only about $1.5M.What would be a fair amount to pay for this?

like

Thoughts on taking out $60K from my retirement account under the CARES provision (no 10% penalty) to pay off my house? My current interest rate 5.25%

like

I am sure this is a question with an obvious answer, but does anyone else just feel absolutely trapped in a job they hate because of their student loans? I’m three years out of law school and I still have $160K in student debt despite making aggressive payments. I work in a larger firm (not big law per se, but 250+ attorneys and big for the market). I am pretty unhappy with my job the vast majority of the time, but I feel like I have no options. $160k at 6% and 7% interest cannot be ignored.

like

Thoughts on moving to Calgary for cheap housing?

like

Does anyone use the fidelity app? How can you change it out of dark mode? I can’t figure it out for the life of me.

like

More Posts

Does anyone have insight on Hogan Lovells energy regulatory practice in Denver?

like

Looking to help a first year attorney lateral to a firm in LA that specializes in L&E defense, or has a good practice team. Any recommendations on teams that have a hiring need?

like

Just got selected to join the Navy as an officer but not leaving until early November. Anyone from HR have any recommendations on timing for when to tell my HR so they don’t let me go early? Would like to work until the week before I leave.

like

Can someone explain to me what the big whoop is about working in IB? Hours seem nuts from what I read in the bowls. What am I missing? Is it the pay?

like

Does Big4 have AMS (Application Management Service) seevice lines. Does Partner comp / targets differ for AMS vs rest of the service lines?

like
like

I want to exit to MBB but if that’s not a possibility what are the next best consulting firms? Looking for at least midsize firms (non-boutiques).

like

Anyone know of a company that would allow me to work remote from Mexico part of the year?

like

Anyone from @Tide UK? I’m interviewing for a role and I’d need some help with the prep.

like

The worst place to work as RN is HCA Largo Hospital, FL

like

How to be a data scientist and is there any good certification courses? I am a android developer with java and dart , also has knowledge on javascript. So will it be easy for me to adapt to new technology? Please share your valuable thoughts.

like

Salary for a programmatic associate director in NYC?

like

I have a side hustle pulling in 5K/month, i manage all aspects of the business including sourcing, making, marketing, etc. is this something valuable to include in the application?

like
like

How long after your i140 approval can you quit the company? Is it 180 days from date of i140 filling?

Can anyone give ideas on Novartis case Study round?
Can I prepare it from somewhere?

like
like

Scheduled to retake AUD in 4 weeks and take REG 4 weeks after. Ready to finish this beast!

likeuplifting

Best way to improve mental math rapidly? I have 8 days

like

Odd request, but does anyone have a post-TCJA international tax law school outline that I can connect with?

like

Additional Posts in Personal Investment Chatter

How safe is storing crypto on blockfi to earn interest? Seeing recommendations to store crypto offline for safety. Hence trying to gauge if it’s worth the interest on blockfi.

like

Looking to put $5K in the market. Which ones would you buy? Lululemon, delta airlines, Peleton, docusign, Zoom, etsy. Any that I’ve missed and should consider? Already have MSFT, BRKB, NVDA, BABA and multiple broad ETFs

like

I’m 26 and have ~40k sitting in my savings account. Annual income 140k. Maxing out 401k. No debt. Planning to invest 25k but don’t know where to start. Should I get a wealth manager? What is the best way to approach this?

like

Advise for TFSA investment in Toronto?

like

Just a discussion thread, but I feel like this is a good bowl to ask this. Does anyone else look at the vast majority of folks around you and think “damn, we are so over leveraged as a society?” Or am I just crazy?

like

Question for other people with student loans. When the deferment period ends are you planning on making a lump payment or are you going to wait to see what (if any) student loan forgiveness comes through before you pay?

like

If I make $120k base and have 50k for down payment, what should the house price be?

likehelpful

Looking for advice for investing in these two options. Say I have $100k by October saved up
1) Put 10k into iBonds and $90k as downpyament and closing costs for a property (I’ll need to put in 20%, already talked to several mortgage agents)
2) Put $0 in ibonds and put all the $100k in the home investing (given it’s a little more of an expensive property, given some other factors - location, size, etc)

like

As a US resident, (how) can you buy stocks on international exchanges (like Hong Kong, Bombay)?

like

What's the average cost you've spent on a vacation between the travel and stay over the past few years (cost per person)

International or domestic?

like

Do any of you save specifically for vacation every year? Husband and making a case for saving about 10% for yearly family vacations. We currently save or invest 40% of our income. Thoughts? Best practices for yearly vacations?

like

Best robo advisors and why?

Anyone having experience with opening a brokerage account for an organization (single member llc ideally)? I have a question regarding the set up.

like

Tendies? 😊 🤚💎🤚

like

For those watching their home value - which is best? Zillow or Redfin? I’m watching mine to see what equity I have to refi and potentially get PMI removed. Zillow is current showing home value at about 20K less than Redfin. Are there any other tools I could be using? Thanks.

like

If WFH stays after vaccine(maybe split 50/50 with office and WFH) do you think that will have some major impacts on our economy?  our economy is based off of people spending money not saving. I think of all the lunch, coffee, happy hour, dry cleaning etc spending we used to do.

like

Can someone point me to some material where I can read about profit sharing vs 401k. I get the concept, but I am trying to understand is 10% profit sharing vested over 5 years better than an employee 401k match of 6%?

From my understanding 10% PS is better because it’s just a standard 10% on top of whatever I contribute though it takes 5 years to vest. Does this mean if I leave before 5 years I don’t get any of it?

like

I know it's a favorite among this crowd ..

Post Photo
likehelpful

What do you all think abt tesla stock? I have a few but wondering if I should sell now or keep holding

like

Is it financially irresponsible to buy a home that requires you to divert what you’re currently saving / investing monthly to pay the mortgage?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal