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Investing Advice

1,914 Views | 12 Replies | Last: 7 days ago by El Chupacabra
AggieP18
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1:37p, 1/10/25
Sitting on some extra cash in a HYSA (designed for future home downpayment) that I feel like needs to go into the market to experience greater return potential.

Should I stick it in a SP500 index fund in my brokerage account? ETFs? Total market fund? I'm young and have several decades until retirement.

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I bleed maroon
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1:40p, 1/10/25
AG
If your intended use of the money is a home downpayment in the next year or two, keep it right where it is. If it's truly retirement money, the S&P is a good place for it.

You mentioned both, so make sure you know what you will use the money for before investing.
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OldArmyCT
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2:18p, 1/10/25
AG
When is the last time you saw the market down two years in a row?
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AggieP18
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In reply to I bleed maroon • 2:20p, 1/10/25
I've got more than enough cash to cover a home purchase, plus some contingency money for enforceable life events.

I just feel like I can do much better than 4% with some of that money.
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I bleed maroon
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In reply to OldArmyCT • 2:27p, 1/10/25
AG
OldArmyCT said:
When is the last time you saw the market down two years in a row?
3 years in a row from 2000-2002. It happens.
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I bleed maroon
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In reply to AggieP18 • 2:32p, 1/10/25
AG
AggieP18 said:
I've got more than enough cash to cover a home purchase, plus some contingency money for enforceable life events.

I just feel like I can do much better than 4% with some of that money.
Not sure what "enforceable life events" are? Unforseen?

So, after your clarification, you appear to have sufficient home downpayment funds, plus some extra in your HYSA that you're wanting to invest? If so, a low-cost S&P index fund is a good choice, among others. Just keep the amount of your downpayment in something very liquid and safe (like a HYSA).
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EnronAg
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2:32p, 1/10/25
AG
this is just me...but outside of SPY type ETF's, I would put a small portion into TLT and IBIT...like maybe 10ish% for each...but that is just me...enjoy your new home purchase though...another one of the best investments out there...
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El Chupacabra
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In reply to OldArmyCT • 2:51p, 1/10/25
OldArmyCT said:
When is the last time you saw the market down two years in a row?


If a guy had put his house down payment into the market in 2008, it would have been about 4-5 years until it was back to even.
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Diggity
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3:28p, 1/10/25
AG
the financial advice we get from the former FA is a good reason not to hire an FA
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AggieP18
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In reply to I bleed maroon • 6:48p, 1/12/25
Yep, just have a surplus that may serve me better in the market versus parked in a HYSA.
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AggieP18
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In reply to EnronAg • 6:50p, 1/12/25
I see IBIT tracks bitcoin, but what is the reasoning for the treasuries? Relatively safe bet?
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itsrich
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3:01a, 1/14/25
I just posted some info on this thread. I always recommend ETFs or high yield dividend ETFs or even stocks.

Here's some tickers I always recommend to new investors:
ETFs: $SPY, $QQQ, $IVV, $VOO, $VTI, and $VUG
High yield dividend ETFs: $SCHD, $VYM, $DGRO, $SDY


Founder & CEO at NVSTly (nvstly.com), a free interactive social investing platform where traders can track, share, or follow trades in real-time with extensive insights on every position & in-depth performance stats. Discover & follow top traders to receive live notifications of their trades, or compete against the best & climb the leaderboards. Supporting all financial markets, available on web, mobile (iOS & Google Play), and integrated with Discord.
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El Chupacabra
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1:50p, 1/14/25
Mess with the dates on this calculator: DRIP Returns Calculator | Dividend Channel

I forget how horrible the market was starting late 2007. I worked for ConocoPhillips at the time and remember being pretty excited about buying COP for cheap. Of course, I didn't have much money at the time...old dudes w/in a couple years of retiring were pretty worried.
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