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Do you prefer to lose 10% due to inflation or 30%+ in the stock market 🥺. Sometimes doing nothing (in the short term) is not a bad idea
I bonds — 9.6% return for the 6 months after purchase. Just note the money is locked up for a year (or more if you buy more than the 10k/person limit through gifting).
Mentor
Treasury Direct
Mentor
Cash feels very comfortable right now
Subject Expert
Depends — assuming this is separate from your 6 month emergency fund? Do you foresee any need for this money within the next 2 years or so? 5 years? How many people is “we?” (You + partner — any kids?)
Mentor
Inflation won’t persist. I’d start DCA’ing into TARK
Agreed with buy ibonds (you can do max $10k per individual so 4 for a family of 4 but what you buy in kids name belongs to the kid) they have great rates right now because of how high inflation has been - they are US treasury bonds available on treasurydirect.
DCA the leftover into some market matching index funds. They’re on sale right now! Try not to check on them too often, you’ll be happy in 20-30 years with how they do.
https://www.treasurydirect.gov/
Mentor
You can also buy through a trust. Also can gift to each other to effectively pre-buy future years allotments.