Weekly Discussion: 15 July 2024 (lemmy.world)

submitted 2 months ago by [email protected] to c/[email protected]

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[-] [email protected] 4 points 2 months ago

Holy compounding growth! I can't believe that I just crossed the $500k invested mark in January and I'm already just one more good day from hitting $600k. I very well could cross that line in time for the end of month spreadsheet day. (Don't worry, now that I've put that thought out there, we'll certainly see a market crash)

[-] [email protected] 4 points 2 months ago

Yup, I've recently hit some arbitrary milestones as well. I also just finished a moderately large transfer, so it's the perfect time for a crash.

Congrats!

[-] [email protected] 4 points 2 months ago* (last edited 2 months ago)

How would you peeps go about allocating an amount for an apartment that'll be built over the next 2 years, with tranches to be paid every few months?

Keep the money invested, or already move the entire amount to a savings account, or just move the amount needed for the next tranch(es)?

[-] [email protected] 3 points 2 months ago

I'd consider a CD ladder with the amount needed for each tranche maturing at the time I'd need it (depending on rates I could get compared to HYSA rates).