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)

[–] sugar_in_your_tea@sh.itjust.works 4 points 3 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!

[–] myrmidex@slrpnk.net 4 points 3 months ago* (last edited 3 months ago) (2 children)

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)?

[–] sugar_in_your_tea@sh.itjust.works 3 points 3 months ago

With such a short timeline, I'd just keep it in cash. Put it in bonds or something for a little better yield.

If I can cash flow part of it, I'd only keep the portion I couldn't cash flow in that cash bucket.

[–] yenahmik@lemmy.world 3 points 3 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).