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I wasn't sure if this should go in r/investing but I feel it better fits here as it's really asking "how do I Bogle when I can't Bogle?"
I'm an American currently living in Europe. As such I do not have access to investing in US ETFs/Mutual Funds through my International brokerage account, though I can invest in individual stocks. Due to relatively good luck/fortune prior to finding this reddit I had invested in various V funds (VOO, ESGV, VYM, VTSAX). Once finding this reddit, I focused on putting as much as I could into VTI which is now my largest holding (51.6%), while also holding onto the previously purchased funds. However, when I moved to Europe I learned that my international account will allow me to retain those previous positions, but will not permit any further purchases/investment into those positions.
So my question is, if you had cash on the sidelines and felt it might be better served in the market, but, you were barred from buying ETFs and MFs, what would you do? Is there a next best option to what I'm currently doing which is stashing that cash in an HYSA?
I have been considering relatively stable dividend stocks (KO/JNJ/PG just as an example) as a buy-and-hold strategy, simply to minimize risk in purchasing individual stocks while also trying to maximize dividends/income. Alternatively, I do hold one single position as my play money, AAPL. I've considered just continuing to sink money into that position, but unsure if that's the best move either.
I'm not sure how long I'll remain in Europe. Could be one year, could be ten. If the latter, it seems like it could be a potential miss on my part to have cash sitting on the sidelines that entire time. (though again, it is in an HYSA so not just sitting idle)
If you had $175K in an HYSA acct currently @ 3.3% and wished you could VTI and chill, but alas could not, what would you do? It generates about $500/month ($6000/year) in interest, but of course this will decrease as rates decrease. Is there a next best thing to do with this cash if it can't go into funds? In my situation, is my HYSA indeed the next best thing (aka do nothing)? Is there something I'm overlooking? Any advice would be greatly appreciated.