04-04-2022, 04:15 AM
30k just sitting in savings-- what to do with it?
<!-- SC_OFF --><div class="md"><p>30k savings -- what to do with it? Invest it in the stock market? Buy a piece of property? What's my best option here seeing as inflation is making it worth less and less the longer it sits in my bank account.</p> <p>And assuming inflation continues what's the safest investment option here? I have no experience in stocks/bonds/ or what kind of options exist. </p> <p>I don't need access to this money and want to keep it as an investment "long term" -- so minimum 5 years. </p> <p>This whole inflation thing makes me nervous and I am risk adverse --so prefer safest option with less Gains as opposed to high risk with potential too lose this nest egg.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Logical-Shelter-9547"> /u/Logical-Shelter-9547 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tvr1x9/30k_just_sitting_in_savings_what_to_do_with_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tvr1x9/30k_just_sitting_in_savings_what_to_do_with_it/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>30k savings -- what to do with it? Invest it in the stock market? Buy a piece of property? What's my best option here seeing as inflation is making it worth less and less the longer it sits in my bank account.</p> <p>And assuming inflation continues what's the safest investment option here? I have no experience in stocks/bonds/ or what kind of options exist. </p> <p>I don't need access to this money and want to keep it as an investment "long term" -- so minimum 5 years. </p> <p>This whole inflation thing makes me nervous and I am risk adverse --so prefer safest option with less Gains as opposed to high risk with potential too lose this nest egg.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Logical-Shelter-9547"> /u/Logical-Shelter-9547 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tvr1x9/30k_just_sitting_in_savings_what_to_do_with_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tvr1x9/30k_just_sitting_in_savings_what_to_do_with_it/">[comments]</a></span>Kind Regards R