After i sell the last of my non-primary properties, I should have approx 200k in cash. I don't know what to do with it other than to put them in online savings accounts with HSBC or Citibank. I also thought about putting some of it in 6 month CDs, with Citibank offering 5.5% yield. However, I would like to take on a bit more risk and perhaps get a better return. Any suggestions?
29, single, no dependents.
current situation.
135k split 5% citibank e-savings, 5.05% HSBC online savings, misc checking/saving accts
14k in 401k currently, just started late last year and hoping to max out every year going forward. holdings:
GROWTH FD OF AMERICA RGAFX 10%
COLUMBIA LGCAP VALUE NVLUX 20%
DODGE & COX STK FD DODGX 10%
FIDELITY DIVERS INTL FDIVX 20%
FIDELITY REAL ESTATE FRESX 10%
COMPANY STOCK FUND 30%
2.4k trad ira - 5.5% 6 month cd
3.8k roth ira - (idle - would like it to do something with this)
24K in brokerage - (PFE MRT GE EWJ EWS EWA EWM EWC) - (ADCT, CSCO, COM, SUNW)
6k in brokerage - cash reserve (4.5%)
yeah.. i've been pretty stupid w/ stocks and definitely trying to learn at this point.
29, single, no dependents.
current situation.
135k split 5% citibank e-savings, 5.05% HSBC online savings, misc checking/saving accts
14k in 401k currently, just started late last year and hoping to max out every year going forward. holdings:
GROWTH FD OF AMERICA RGAFX 10%
COLUMBIA LGCAP VALUE NVLUX 20%
DODGE & COX STK FD DODGX 10%
FIDELITY DIVERS INTL FDIVX 20%
FIDELITY REAL ESTATE FRESX 10%
COMPANY STOCK FUND 30%
2.4k trad ira - 5.5% 6 month cd
3.8k roth ira - (idle - would like it to do something with this)
24K in brokerage - (PFE MRT GE EWJ EWS EWA EWM EWC) - (ADCT, CSCO, COM, SUNW)
6k in brokerage - cash reserve (4.5%)
yeah.. i've been pretty stupid w/ stocks and definitely trying to learn at this point.