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savings account has 100k, where to keep money for better interest rate?


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Posted

savings account has 100k, where to keep money for better interest rate? I do not want to invest in stocks this year

Posted

HYSA - u will probably get .5% interest. 

Invest in index funds if u don't need that money for 5+ years. 

U can save a portion of it for retirement. For example $12k in Roth IRA ($6k for 2021, $6k for 2022). 

Buy some crypto probably. ($5k may be)

  • Upvote 1
Posted
1 hour ago, AFDB_Director said:

HYSA - u will probably get .5% interest. 

Invest in index funds if u don't need that money for 5+ years. 

U can save a portion of it for retirement. For example $12k in Roth IRA ($6k for 2021, $6k for 2022). 

Buy some crypto probably. ($5k may be)

Any recommended hysa..

Posted
1 hour ago, raccharambola said:

savings account has 100k, where to keep money for better interest rate? I do not want to invest in stocks this year

₹ 100k or $ 100k ?

Posted

invest in Treasury bonds. 3 - 5% workout  avvuddi.

 

Other option is to invest in Inflation Protected Bonds. 

  • Like 1
Posted
3 hours ago, raccharambola said:

savings account has 100k, where to keep money for better interest rate? I do not want to invest in stocks this year

Do you have home? If not buy now

Posted
6 minutes ago, Spartan said:

ade kada 

ikkada month to month pay check meeda gadustindi bandi

You are also rich kid right? silent_I1  you bought  home in bay area recently ? 

Posted
1 hour ago, Spartan said:

ade kada 

ikkada month to month pay check meeda gadustindi bandi

Million dollar la illu koni ila anadam lo ardham unda?

Posted
4 hours ago, chicagoafdb said:

Any recommended hysa..

Ally, marcus. 

  • Thanks 1
Posted

wondering if govt or treasury bonds or corporate bonds can help … have never done that…but looking to see if anyone has invested on those

what’s the reason you want to keep that 100k out of stock market anyway? are you saving for a house?

Posted
10 hours ago, AFDB_Director said:

Ally, marcus. 

Marcus gives around 0.5% to 1% at max. 

Buy & hold USD coin in Crypto.. 

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