Sitting on 250k cash, what do i do?

no i work in nyc area.

IPOF

You might try posting your question on the personal investments forum at Bogleheads.org. Bogleheads are acolytes of the investment philosophy of John Bogle who founded Vanguard Funds and who popularized low-cost, highly diversified investing in market-tracking index funds. Good luck!

Bogleheads.org - Index page

Bogleheads.org - Index page

2022 should be a year of relative victory for managed money versus indices. When it is obvious indices will go down, no one at Standard & Poor's can sell 25% of equities, sit in cash for several days. Standard & Poor's must go down with the ship. Many do not know that Vanguard managers sell covered call options. That's as creative as it gets there. On the other had, mutual fund manager can sell, sit out a few days and buy lower.

Private equity

There are lots of options. What is best I dunno. But if you want to buy some time you could put it in myconstant or worthy bonds and make 5-12% interest for a few months. I've used both services and they are legit.

If you msg myconstant they'll probably give you the 12% rate that expired recently for at least some of your money.

Good luck

Buy as many shares of ChargePoint Holdings (CHPT) stock as you can.

Bookmark this post and come back in 5 years and thank me.

Well when inflation thrives, interest rates go up. Perhaps put 200k away and don't touch it. That methodology is safer than stocks or gambling that way as far as your potential floor goes. If you want to extrapolate to a milli then by all means, invest and gambling is your way to go.

If you truly saved this money outside of retirement savings, and you ARE actually investing in retirement accounts as you should be (diversified stock mutual funds with either Vanguard or Fidelity and you are doing 15% of your salary MINIMUM), then you should NOT put that money in the market. It is earmarked for a home down payment. You should not risk money like that in the short term in the market. The market is for long term investing. You should also not put that money into bonds or gold or bitcoin or anything else that could lose you money in the short term. Hold the money in cash. Make a plan to buy a house within a certain time frame...2 years, 3 years, whatever. Even add to the pile of cash if you can and want to. If there are still bidding wars by the end of the time frame you choose so that you can absolutely not buy a house, then consider moving someplace else where you can...or find a builder and have a new house built. Whatever you do, do not hold that money short term in bonds, stocks, or commodities. Just a really bad idea.

I partially disagree.

You're right about not putting in stocks if needed short term.

But holding cash is losing 7.5% a year right now.

So what I suggested in my other post would be better than losing 7.5% a year.

Yes Jamin. This dude with 250k is going to get involved in PE. Christ I wish you would stay away from financial and real estate posting.

Similar situation over here as we need more space to accommodate a 3rd child and would like a better school district. Market is crazy and we aren't loving the quality our purchasing power is affording us. We have opted to plow the cash we had on the sideline into the market, sell our home into this buying frenzy and use this as an opportunity to change locations into a slightly softer market where we can rent for a bit and let things settle out.

Spring is around the corner, so tulip futures are up.

Get a more suitable chair.

$250K?

Just hold onto it a few years and with Bidenflation you should still be able to buy a few loaves of bread.

Why do you feel your cash is "devaluing" every month? We have $180k cash right now in CapitalOne earning 0.50% which is better than nothing and better than a year ago, but not as good as when 2.0%... but every day I am grateful I didn't invest it in the stock market.