Personal Finance and Investing

mahina

(19,350 posts) Mon Jan 20, 2025, 09:47 AM Jan 20

Where would you invest some money you could not afford to lose? Also,

Last edited Mon Jan 20, 2025, 01:07 PM - Edit history (2)

It is in an IRA.
Thank you.

5 replies

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Where would you invest some money you could not afford to lose? Also, (Original Post) mahina Jan 20 OP

Certificate of Deposits in a ladder of maturities to provide ready cash or reinvested at higher interest surfered Jan 20 #1

This message was self-deleted by its author Tbear Jan 20 #2

Not at all! Thank you for responding. mahina Jan 20 #5

Thank you very much. mahina Jan 20 #3

T-bills. You do not pay state taxes. But I am not sure how that is affected by IRA distribution. 58Sunliner Jan 20 #4

surfered

(4,670 posts)

1. Certificate of Deposits in a ladder of maturities to provide ready cash or reinvested at higher interest

Reply to mahina (Original post)

Mon Jan 20, 2025, 09:55 AM

Jan 20

Rates

Response to surfered (Reply #1)

Tbear This message was self-deleted by its author.

mahina

(19,350 posts)

5. Not at all! Thank you for responding.

Reply to Tbear (Reply #2)

Mon Jan 20, 2025, 03:12 PM

Jan 20

I am worried about Himself crashing the value of the US dollar including by enacting his proposed tarriffs as well as by losing the confidence of the world as its reserve currency. Also worried about an overvalued stock market crashing .

Unfortunately in my 4 am haze, I
forgot to mention that it is in IRA money market funds now, one in Vanguard and one in Fidelity.

I can’t withdraw it yet, so hope I can find some kind of investment where it won’t be subject to the vagaries of FElon Trusk.

I’m very thankful for your wisdom if you have any ideas, I am all ears. Wish I could understand these things. Aloha nō!

mahina

(19,350 posts)

3. Thank you very much.

Reply to surfered (Reply #1)

Mon Jan 20, 2025, 12:03 PM

Jan 20

I appreciate it greatly. That is a good answer!

I forgot to mention that it is in an IRA, money market now. Cant believe I forgot to say so! I woke up at 4 am to ask DU. Some is in Fidelity and some in Vanguard. I cant take it out without payong income tax on it.

In case any other good ideas arise that youd care to share, I will appreciate it greatʻy, as ai do the time you took to respond above. Aloha nō.

58Sunliner

(5,167 posts)

4. T-bills. You do not pay state taxes. But I am not sure how that is affected by IRA distribution.