Ibonds could potentially be problematic in the OPs situation since liquid was mentioned and they have interest penalties until several (3?) years of holding.i bonds from treasury direct is all i've got. you can only buy 10$k a year, but i've been moving some of my savings account to them over the years so i have a decent amount.
other than that i just use intermediate term bonds and know they'll probably take a slight hit. but if there's a crash, at least they won't drop %30-50 like stocks.
oh, and a little bit of gold.
Long term goal to live off grid which will eliminate pretty much all costs of living which keep going up each year, leaving me with less and less disposable income each year. The tricky bit is finding a source of income though but whatever that source is, it won't have to be as much as my current job, so the money is going to go much further. Then I can actually do proper investing.
My current investments are fairly paltry as I don't have much money left over to put towards it.
With inflation at 6+% and 15 year mortgage rates at below 3%, it seems the best way to protect your wealth is to go into debt up to your eyeballs 👀 and buy real estate or gold. No holding taxes for gold.
Ibonds could potentially be problematic in the OPs situation since liquid was mentioned and they have interest penalties until several (3?) years of holding.
Depending on the dollar amount I'd probably just move it around for some bank account opening bonuses. Those will pay more than a CD or savings account unless you have a lot of cash sitting around
Longer term nothing is going to have a better chance of out pacing inflation like the stock market. VTSAX was up 25.71% for 2021 and 25.77% year over year for the past 3 years so a tad more than inflation
Hermes and gold.
My black lab.buy hermes and gold, and get a blanket covered in leg hair for free
Heh - I'm assuming joking but just in case anyone is considering that - more than decent chance Erdogan does some sketchy shit with their economy which can tank your investmentI hear Turkish banks are paying 20%+ interest.
https://www.reuters.com/markets/eur...-rates-race-lira-deposits-sources-2021-12-24/
Currency risk is huge and can wipe out any interest rate gains. Unless you live in Turkey, you have to convert the lira back to dollar, Euro, or whatever your native currency. That's the huge risk on top of Erdogan doing something stupid. We are truly blessed here in the United States that the world uses the dollar as the reserve currency.Heh - I'm assuming joking but just in case anyone is considering that - more than decent chance Erdogan does some sketchy shit with their economy which can tank your investment
Sounds like the Cheez investment strategy, although he might have taken it a bit too far