If you have 100k savings, How will you invest?

[AryanAjay]

townhome rental

gold

[anandam2012]

12 hours ago, Spartan said:

CD for one year

edi better bhayya?

[KGFsutthi]

12 hours ago, raccharambola said:

If you have 100k savings, How will you invest?

 

12 hours ago, Spartan said:

CD for one year

CD bad decision. 
If you don’t want to invest in land in india or business etc blah blah. 
 

Just invest in capital one 360 savings they give 4.30% interest. And you ll get 400 dollars monthly interest, invest that interest money only every month and buy some good Tesla or apple stocks that way you lose nothing. 
 

Don’t invest on CD, your money will be locked 

[Tellugodu]

12 hours ago, raccharambola said:

If you have 100k savings, How will you invest?

This is what I invested into - my earnings around 175k

40k - 5.5% CD

70k - 5.6% CD

another 60k in SWVXX money fund by Charles Schwab provides ROI of  5.20% every month.

 

[KGFsutthi]

6 minutes ago, Tellugodu said:

This is what I invested into - my earnings around 175k

40k - 5.5% CD

70k - 5.6% CD

another 60k in SWVXX money fund by Charles Schwab provides ROI of  5.20% every month.

 

CD endhuku bro, invest in savings accounts. CD lo you need to lock money. 

[Tellugodu]

4 minutes ago, KGFsutthi said:

CD endhuku bro, invest in savings accounts. CD lo you need to lock money. 

Not needed money for next couple of years. Account lo unte evado okkadu aduguthadu (family/friends/back home etc). Don’t want to spend that amount. 

[LungiLingaraju]

14 minutes ago, Tellugodu said:

This is what I invested into - my earnings around 175k

40k - 5.5% CD

70k - 5.6% CD

another 60k in SWVXX money fund by Charles Schwab provides ROI of  5.20% every month.

 

Ee Charles Schwab endhi bro .. I have account but swvxx endhi ? Konchm cheppi punyam kattuko..

[LungiLingaraju]

17 minutes ago, Tellugodu said:

This is what I invested into - my earnings around 175k

40k - 5.5% CD

70k - 5.6% CD

another 60k in SWVXX money fund by Charles Schwab provides ROI of  5.20% every month.

 

Should I open separate account ? I have investment account in Schwab .. 

[Tellugodu]

5 minutes ago, LungiLingaraju said:

Ee Charles Schwab endhi bro .. I have account but swvxx endhi ? Konchm cheppi punyam kattuko..

https://www.schwabassetmanagement.com/products/swvxx

[Konebhar6]

42 minutes ago, anandam2012 said:

edi better bhayya?

CIT Bank gives 5%, Fidelity Money market fund SPAXX gives 5%, Robinhood gives 5%. All are FDIC Insured.

[Konebhar6]

22 minutes ago, Tellugodu said:

This is what I invested into - my earnings around 175k

40k - 5.5% CD

70k - 5.6% CD

another 60k in SWVXX money fund by Charles Schwab provides ROI of  5.20% every month.

 

Which bank is giving 5.5 and 5.6% and how much is the term? Details pls.

[Tellugodu]

4 minutes ago, Konebhar6 said:

Which bank is giving 5.5 and 5.6% and how much is the term? Details pls.

JP MORGAN Chase offering 5.70% callable CD now. It’s callable , hence bit high rate.

[LungiLingaraju]

6 minutes ago, Tellugodu said:

https://www.schwabassetmanagement.com/products/swvxx

So can I move my funds from investment to above ? Or new product ? 

[Tellugodu]

1 minute ago, Tellugodu said:

JP MORGAN Chase offering 5.70% callable CD now. It’s callable , hence bit high rate.

You can now get 5.50% non callable 1 year CD’s in Charles Schwab account now.

[Tellugodu]

1 minute ago, LungiLingaraju said:

So can I move my funds from investment to above ? Or new product ? 

It’s a money market fund. People generally park their money for few months to year when they are awaiting big purchase/expense in this kind of funds. This fund is one of the best in category since it offering 5.20% with monthly payment on 15th of every month which can be reinvested .