im sitting on 175k in cash. i need financial advice on what to do with it
What do you mean "do with it"? You you have the financial equivalent of a dust bunny and a handful of Cheeto crumbs. Toss it on red and go back to dealing in the real world.
at minimum put it in a hysa or similar while you decide what to do
>>62135235It's in 0-3 month gov bonds, so a bit better than a HYSA and without tax implications. In 1 click I can send it back to my bank or trade for any stock on Fidelity.>while you decide what to doYeah, this is what I'm asking about
>>62135306So it's in SPAXX? Pretty sure you still pay taxes on those dividends and they aren't FDIC insured. Please tell me if I'm wrong about this as I'm in a similar situation to you.
>>62135333It's in SGOV
>>62135215cocaine
Bitcoin in october
>>62135484You don't think whales will frontrun?
>>62135339So you can sell at any time and there's no taxes on the gains?
>>62135491>>62135491ok
>>62135503You can sell anytime and there's no State/Local Tax, but I think you have to pay on the gains for income. The main benefit is just being able to rotate to stocks quickly though.
>>62135339keep it there until 2027
>>62135540then what?
>>62135563stocks should have crashed by then. valuations are retarded right now, and nobody can afford anything.
Buy the $40k btc bottom in October and sell the $135k top in 2029. Easy 3x in 3 years.
>>62135593What stocks would you recommend? Right now I'm watching MSTR and SOXL like a hawk until they're 80-90% down from all time highs, then I plan to go all in. If I can pull it off I'll hit 7 figures finally. I'll also maybe sell half at a 2x just to be safe.>>62135595Thoughts on MSTR? It would be a 6x instead.
>>62135602i'd probably just invest in a leveraged index fund etf like UPRO or TQQQ if there's a big crash. individual stock only if the p/e is reasonable and it's an AI-proof/future-proof business
>>62135620>p/e is reasonable and it's an AI-proof/future-proof businessdo you think MSTR or SOXL could fall into this?
The boring answer is invest in diversified ETFSs
>>62135215i listen to different things, one is prof g even though he is an insufferable faggot.They have been screeching for months that everything is fucked and mega dump in coming literally in 2 weeks.Today, him and his faggot twink cohost concede, well, earnings are fucking booming, so no crash inbound from war/faggotry/courts/oil whatever.so who fucking knows anon, if you buy into the us stock market you are literally buying into the all time highs ever, but there is literally no reason right now to believe its not going to keep going up except being gay.
>>62135215try outvesting
>>62135215look up a few volatile stocks that keep going up an down, buy the dip in one of them, I believe the kiddos call this swing tradingsell once +10% and buy the other dipliterally a fucking monkey can do thisfaster than waiting on your yearly +10%unless ofc you are 100% confident you know some stock is gonna 100x the next 5-10 years all in and hodlliterally THAT easydisclaimer I am broke and unemployed but this IS financial advice
>>62135816This is also the correct answer.
buy nanothis is one of those suggestions where you'll ignore it and look back later
>>62135215>im sitting on 175k in cash. i need financial advice on what to do with itsmoke weed
Dump it into BE/INTC/MU and sit back.
>>62135215All in on Zcash and Litecoin before the go parabolic
>>62135215put it all on red
>>62135306>without tax implicationsYou pay federal income tax.
>>62137019wtf you are one stupid mother fucker
>>62135602Just keep in mind that MSTR can actually go bankrupt.
Buy Bobina on ETH chud.