We're in the process of redoing all our finances. Dropped my high cost broker - and working to extract cash out of a 250k of capital gains. I pulled about 75k out of the market with a gains of only about 10k. My wife is looking at some rental properties so we may need a down payment. I'm not convinced this is a good time to do so - and she's agreed in about 6 months if she doesn't find anything promising we can toss it into index funds.
Right now it's sitting in SPAXX - but are there other investment options that might yield more over a short term without much risk? I dont' know much about CD/Bond options.
My concern of just tossing it into the market now - is potential volitiivy with an election coming up - and any gains I'd make would be subject to short term cap gains which is kinda yucky.
Thanks or any advice.
Right now it's sitting in SPAXX - but are there other investment options that might yield more over a short term without much risk? I dont' know much about CD/Bond options.
My concern of just tossing it into the market now - is potential volitiivy with an election coming up - and any gains I'd make would be subject to short term cap gains which is kinda yucky.
Thanks or any advice.
Statistics: Posted by jeef — Fri Sep 20, 2024 11:58 am — Replies 2 — Views 179