Turning 25 soon. Have ~$500k in savings and investments. Any thoughts on how to deploy for better returns? About 40% of it is sitting in cash

likefunny
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Better returns compared to what?

Hard to answer that question without a baseline but 40% of your assets are giving you negative returns once you adjust for inflation.

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Love these types of brag posts

likefunny

That too

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40 here. Still can’t relate

likefunny

Can we stop these kinds of posts?

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Strippers and blow

likefunny

How much did you inherit?

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Don’t you know McKinsey pays $400k in bonuses the first 2 years

likefunny

How do you have 500k

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Join a PE firm and coinvest

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Woah

Your rate of return is pretty low, assuming you started from $0 a few years ago.

I'd recommend a high risk, high reward investment like Treasurys.

likefunny

Ask your parents or whoever managed the trust before you took control?

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Give it to me. I'll take care of it for you.

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I want to hear this story. How is this possible? Skipped 2 years and graduated undergrad at 20?

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Crypto

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500k in savings is common these days. You gotta deploy it in real estate as the next step. Had 750k at 26 last year and got a house in March 2020. House has practically doubled in value. I crossed the million mark thanks to that in Jan this year.

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🙄

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How did you get to $500k with no idea of where you’d like to put it? I’m guessing you play the market pretty well if you’ve racked up this much cash by 25.

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This is a joke, right? Unless you were on the opioids team there’s no way you raked in that much cash at McK by 25

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🍆 📏

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House

Get a financial advisor

Index funds at minimum. SPY or something market based

NFTs

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