Search found 4 matches

by drobsidian
Thu Mar 19, 2020 2:46 pm
Forum: Personal Investments
Topic: Safe places for cash during this crisis.
Replies: 9
Views: 1333

Safe places for cash during this crisis.

I have a large amount of cash - an order of magnitude above the FDIC limit right now, and not ready to dive into the market yet. Currently this is in Schwab money market accounts, CDs, Schwab government money fund, and muni bonds. What is a safe place for this cash over the next few months? I am wor...
by drobsidian
Tue Mar 10, 2020 12:26 am
Forum: Personal Investments
Topic: Portfolio advice following windfall
Replies: 4
Views: 347

Portfolio advice following windfall

Hi all, I recently was lucky enough to receive a large financial windfall 4 months ago and would like some advice from this forum. I am 35 years old, in a high income tax bracket, aiming to work for quite a while longer still. We live in a high COL area and have a $300K mortgage outstanding on a $2M...
by drobsidian
Wed Jul 31, 2019 1:52 pm
Forum: Personal Investments
Topic: Investing large windfall
Replies: 14
Views: 2303

Re: Investing large windfall

Thanks all for the great and detailed advice! I will post my overall current allocation and portfolio elsewhere.

Follow up question - for short term parking the money in CDs, there is a $250K FDIC insurance limit. Is there a way around that for larger amounts? Would you recommend a CDAR?
by drobsidian
Tue Jul 30, 2019 2:47 pm
Forum: Personal Investments
Topic: Investing large windfall
Replies: 14
Views: 2303

Investing large windfall

I am expecting a large windfall (single-digit millions after tax) in the next few months. Current financial situation: - 35 y/o, married with kids, dual income in a high tax bracket. - $1M in assets, invested in a mix of index ETFs, REITs, and bonds - Mortgage with $1M balance outstanding at a 3.8% ...