To all the knowledgeable FIRE folks here - We've about $40k plus idle cash sitting in our bank, which is obviously depleting in value with inflation. Can someone suggest how we can start investing that money and where? We're not sure how to deal with that big amount at once.

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

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

likefunny

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).

likesmart

Treasury Direct

Cash feels very comfortable right now

like

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?)

like

Inflation won’t persist. I’d start DCA’ing into TARK

Related Posts

Here comes a million years of shame but to this day, I have no idea what the Cadbury Gorilla film is about or what it means.

likefunny

The name of my Company is ByRN4RN Staffing and Academy. We are a dialysis staffing agency and also a dialysis school. Started 7 months ago, we have been able to secure a couple contracts but our biggest challenge is finding dialysis nurses. Most times after an interview with a nurse, they never show up for the job. What is it I am not doing right?

like

I have a table in sheet1. Column examples are ID, Initiative, Owner, etc. I’d like to use that table as a growing list of inputs. I’d like for sheet2 to be used by another team for other types of data inputs. But I need sheet2 to automatically populate the IDs from sheet1 as they change. Thoughts?

like

Folks my wife is in India and we are thinking that she travels back to the US w/ recent MoCA announcement for flights starting from India to US. Anyone here on the same boat? I browsed through the AI website and it doesn’t show any availability for June.looking for some perspective here

like

What are the benefits of working in KPMG GDC?

like

Has anybody bought a Yukon? How do you like it? Worth the price?

like

Hi fishes,
I want to know is Accenture better than Infosys interms of growth and pay or increement yearly

like

Anyone ever had painters paint a part of the house the wrong color? How much of a PITA is it to fix that? Can they paint over or requires Re-priming etc? Getting our third floor finished and all is good except the above happened and I just went up to see it. Contractor is great but hope they don’t try to get us to keep the color or pay more now.

like

Hi All,
I'm around 8 yr experienced in RPA(Technical). What designation they will give me and what salary should I expect? Is there fixed + variable pay system too? If yes, what's the split?
Total exp - 7.9 yrs
CCTC - 18 LPA

Has anyone here successfully started their own online business? If so, what is it and how did you do it?

like

I have about 4 years of experience and an MBA degree. I have currently joined one of the Big 4s as Consultant but recently got an offer from McKinsey digital as a Knowledge Analyst. Do you think it will be a right decision to take this offer? I am being offered about 20 lpa (including all components)

Is anyone here familiar with RSUs and stock options as part of divorce? My arbitrator was not and she asked us to hire an expert to get a valuation. She’s convinced I cannot take my portion in kind if we could not settle on the value and I don’t want to be forced to sell my half to Husband at whatever valuation expert provides today (RSUs and stock options are under Husband’s name). If they low ball I rather take the risk and take them in kind. Any advice would be helpful.

like

Currently looking to create an alternative transcript and deciding between a UCLA Extension course (Mathematical Solutions for Businesses) vs. MBA Math.

Have any 🐠 had success using either? Also, how much time a week would each take?

like

Don't miss out Leading Age 2022 on October 16th -19th ! Recommended by Sarah Haines at 2022 NPA Annual Conference via Whova event app

like

Any Rich Media banner ad animators out there who has time to work on video ad units and leaderboards for a last minute campaign this week? Creatives provided

Looking to get out of big 4 consulting and transition to industry. Is anyone able to refer me?

like

When accepting a verbal offer should I email my decision to the recruiter or call?

like

Anybody have any scoop on fluent360? Good or bad.

like

Proper weekend in the office, playlist of choice? Gangster beats vs EDM? Let's debate

like

Additional Posts in FIRE Financial Independence Retire Early

Do you count your car as part of your NW on Mint/other trackers?

like

Shorted Twitter because there’s no way that their board will take the money and let Elon bring back Donald Trump. He’ll sell his shares and their stock price will plummet imo

likefunny

What books do you think are a must read?

like

I’m thinking about starting my own cloud storage/data center business. Do any of the giants have a franchise model? Or is the only way to start from scratch?

like

I have about £100k sitting in my savings account, most of it I likely will not need in the next 5 years or even 10. Any advice on where I should put it to generate some additional income?

like

Electing my incentives today at Spotify. Can take RSU, cash, or options. Cash is king right now, but Spot is at historically low price with solid rev and growth. What say you fishes?

I am 31. I have $750k in assets and 400 in liab. Net worth is 350. Largest assets (excluding real estate) are 120k in 401k, 40k in brokerage, 20k in crypto, 25k cash. Own property totaling $550k (2 condos) but debt of 350k so 200k of my net worth is in real estate. Student loans of 30k. Thread continued 👇🏽

like

Thoughts on $OLPX and $TWLO. I love their positions right now and think they will easier 2-4x in the next 3 years. Anyone more professional have any input/insight?

like

Can anyone recommend a good fixed income investment that I can add to my ROTH IRA account?

like

Bowl has been a bit quiet. Anyone pursuing fatfire and if so how will you get there and on what will you spend all the excess on?

likehelpful

Genuine question…
I have about $3M in net worth (retirement accounts, stock market investments, checking and savings account) Additionally, I have two homes about $1.2M in average market worth. Have been thinking about FIRE but at 2.5% rule I’m looking at about $100K in income annually and about $28K from rental income. Age is 48 going to 49. And one kid yet to start school = $200K college expense. What would you suggest possible options can look like for retirement?

like

Are any SF bay area folks working towards FIRE? I want to, don't know how given the high cost of living in the bay area. Would appreciate if you could share what your FIRE number is and how you are...

like

What are some of the best ways you have paid off student debt? I have 180k and I want to aggressively lay it off. For context, I am one year into my career and have spent these months getting rid of $20k of consumer debt. Want to be responsible and keep the momentum going.

like

Is there a FIRE recommended resource for how to structure investment portfolio @ different life stages - e.g. how to invest when still tackling loans, after purchasing a house, etc.

like

So with sky rocking inflation, sinking stocks how are y’all adjusting your monthly budget. I’m seeing my grocery budget for a family of four just not getting stretched as far, where to trim?

like

Has anyone moved abroad to save money? I’m 100% remote with 0 work travel and the idea of living in a place like Medellin, Kyiv, Tblisi, or bouncing around a little sounds fun and would allow me to save more $$$$

like

Best used car to buy? Was in an accident they are totaling my car. Looking at used cars. What’s everyone’s most reliable car and how many miles did you buy it with?

like

Getting a bonus at end of the month… prob won’t be much but any advice on what I should invest it in? If I had to guess it will be around 5k.

like

How do I track my 401k cost basis when I rollover from one employer to another? I don’t owe any taxes right?

like

First time investor in the US. Any suggestions on books / blogs to read to get smart. Where do people typically invest given all the client related policies in place for consulting firms?

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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