I have $100k+ cash in my savings account that I have an investment plan for in the next 6-18 months depending on how things work out.

With inflation going crazy, what is the best thing to do with it until I am ready to use it?

Leave it there, or HYS

RHMMX. Victory high yield mini bond fund. Liquid, paying about 4%+. I have $100K there for investments if right opportunity comes along.

SCHP

Old RV Ag said:

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How about staff put this question on the top and stick it there - it's a question every month or so.

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And I swear it's by the same guy too! Probably not but seems like it.

Make me a moderator and I'll take care of that

I agree we do frequently get the "how to invest [insert 6 or 7 figure number here]."

I'd argue that this is a more nuanced situation. OP is clearly saving for something (home purchase, perhaps?) and is specifically concerned about inflation, so the answers here ought to focus on that.

I wouldn't recommend TIPs-based ETFs on the classic "help me invest $X" thread, but since the concern here was inflation, then it's a good choice to consider, so I recommended SCHP.

Buy oil pipeline stocks (& consider BP & Shell as well)

Pros: OPEC has forced oil prices to 7 yr highs - this should maintain for several months while those gov't pad their public coffers. Pipelines pay dividends of 6-8% per year (halve that if you only have 6 mo window)

Cons: pipe stock prices are well into upswing recovery after covid/WTI price tank - so may not be much higher to go (but those divs are a lock and and offset for small stock price declines.)

12thMan9 said:

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RHMMX. Victory high yield mini bond fund. Liquid, paying about 4%+. I have $100K there for investments if right opportunity comes along.

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This sounded interesting, so I looked up the summary prospectus.
If I'm reading it correctly, there is a 3% management fee that is waived through April 2022. You might look at it to make sure I didn't misinterpret.

Hookers and blow

You misinterpreted

IVOL

TrustTheAwesomeness said:

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12thMan9 said:

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RHMMX. Victory high yield mini bond fund. Liquid, paying about 4%+. I have $100K there for investments if right opportunity comes along.

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This sounded interesting, so I looked up the summary prospectus.
If I'm reading it correctly, there is a 3% management fee that is waived through April 2022. You might look at it to make sure I didn't misinterpret.

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3%? Damn that's high.

Done7 said:

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Considering we are at 7 years highs, wouldn't you think the rewards is low for the amount of risk you will be taking by buying in oil for the short-term?

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No, pipes are still undervalued with good upside. Most oil supermajors have fullly recovered (except BP Shell).

My apologies, wrong fund. RSHMX is the correct fund.

If you're looking at longer term, EPD is another good one. I've been a long time holder of this, currently paying a $.45/sh dividend. My cost basis is in the $17/sh range so a nice appreciation of late, but a 6-8% dividend yield is hard to give up.

JSKolache said:

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Buy oil pipeline stocks (& consider BP & Shell as well)

Pros: OPEC has forced oil prices to 7 yr highs - this should maintain for several months while those gov't pad their public coffers. Pipelines pay dividends of 6-8% per year (halve that if you only have 6 mo window)

Cons: pipe stock prices are well into upswing recovery after covid/WTI price tank - so may not be much higher to go (but those divs are a lock and and offset for small stock price declines.)

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The mlp structure has become an enormous pain in the ass for retirement accounts. Reporting requirements are stupid

At this point I want to avoid them and stick with the mid tier oil developers EOG, Devon, Cabot, ovintiv (FAA Encana)

Valero looks interesting too, their debt is high though