Hello everyone! I’ve been in this group for some time gaining knowledge before I make any decisions.
I am 31m with zero debt and house paid off. I have 300k put in a high yield savings acquiring 3.4% interest. About 800-865 a month. I know this isn’t ideal keeping all this in there but it’s risk free and without the proper knowledge, that’s where I was comfortable keeping it.
Is it possible to receive 10% interest with moderate risk? If so, what would you invest in?
I don’t want to hire a financial advisor. I’m here just seeing advice and gaining knowledge.
Is it better to move it to SGOV until I decide where to invest it?
Appreciate everyone’s input, eager to hear from everyone! Thank you