10-17-2022, 11:27 AM
Looking for a way to make the most of my cash
<!-- SC_OFF --><div class="md"><p>I recently received a one time cash bonus around $300k. That in addition some cash i have in my banking account results in $350k or so. </p> <p>I am looking for different ways to invest right now. However, as the inflation is very high, I am also looking for different options to keep my money’s value up. Options I have been looking into are high yield saving account 2%+, CDs 3%+, Robinhood’s gold cash sweep provram 3%. Real estate investing is another option but the interest rate is too high right now. Any suggestions is appreciated.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/eagleo"> /u/eagleo </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/y5f187/looking_for_a_way_to_make_the_most_of_my_cash/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/y5f187/looking_for_a_way_to_make_the_most_of_my_cash/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I recently received a one time cash bonus around $300k. That in addition some cash i have in my banking account results in $350k or so. </p> <p>I am looking for different ways to invest right now. However, as the inflation is very high, I am also looking for different options to keep my money’s value up. Options I have been looking into are high yield saving account 2%+, CDs 3%+, Robinhood’s gold cash sweep provram 3%. Real estate investing is another option but the interest rate is too high right now. Any suggestions is appreciated.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/eagleo"> /u/eagleo </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/y5f187/looking_for_a_way_to_make_the_most_of_my_cash/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/y5f187/looking_for_a_way_to_make_the_most_of_my_cash/">[comments]</a></span>