HYSA
BondBloxx High Yield Income ETF
stockNYSEETF

Have you maxed your 401k for the year? That would be first. Add some more to the HYSA. Don't bother with mortgage or interest free card (unless its gonna spike soon).

That's almost 3 million dollars. Sell it and get a HYSA and live easy off the interest

Where should a retired, married couple in California keep the RMD moneys? HYSA? CD? Treasuries? Is it a good strategy to keep six figures in SGOV for many years?

Thanks for the feedback the high amount in HYSA is probably because I'm not too confident in job security at the moment and want the buffer. But it is probably higher than I would need (with the exception of unknown medical costs) I would like to think I would go higher in the tax brackets in the next 5 years, but the job market is very iffy at this moment in my career. In retirement I would assume they would be much less. In terms of consolidation I assume you mean rolling over some of the 401k from my prior employer over to the IRA and roth IRA accounts? The reason I kept the 401k account from my prior employer is because I heard it can help with a home loan application but I don't think that's as big a concern anymore. Any recommendations on re-balancing? also for added context the 500k in separate brokerage is non tax advantaged and is 60% individual stocks and quarter in TFLO and rest in VOO.

I can't bring myself to keep playing the game of moving between a HYSA and SGOV every time the Fed flinches on interest rates. HYSA are generally very slow to follow the Fed in an interest rate rise and pretty quick to lower the interest rate on a drop. SGOV just does what it does best.

Of the two, SGOV, but with no income tax I would use an HYSA paying in the 4% range.

Pay the credit card. Add atleast another $50k to the HYSA to have a bigger buffer for home repair, unemployment, etc. Invest the rest in taxable brokerage, VTI/VXUS 70/30. It’s always a balance between maximizing returns vs peace of mind. That’s just how I would handle it.

Thank you all so much for clarifying how SGOV works and advice on best practices!!! I think I meant to say that i’m looking for an emergency fund/savings account and I am debating between a HYSA and an ETF like SGOV. This money would go towards saving for moving out on my own (apartment utilities etc) and then another fund for emergency savings. I know a lot of people use a HYSA and put their money into buckets for this purpose, but i’m working if it’s more worthwhile to put this kind of money into SGOV instead.

In tax advantage, you can switch ETFs easily. Personally i feel VTI=SCHB and almost equal to VOO (as s&p500 is roughly 85-90% of VTI) I suggest you consolidate your portfolio across your accounts, and you can rebalance in tax advantage, without disturbing brokerage. I feel 200k HYSA maybe too much, but depends on your emergency fund/dry powder positions. I cannot comment on your tax strategy, as it depends both your current tax brackets vs tax brackets on your retirement. But what's done is done, so just allocate new tax well, i guess.

Since you’re 25 and want a conservative long‑term play, ditch about half the HYSA cash and slot it into a cheap total‑world equity ETF—VT or a VTI+VXUS split gives you global coverage. Leave a modest emergency reserve (3‑6 months of living costs) in your HYSA or a money‑market fund. If you’d like extra downside protection put a small fraction into a Treasury‑bill ETF (like VGSH) or a muni‑bond index for tax benefit. That keeps you rate‑superior to 4 % and still low‑risk.

I'd pay off your credit card, increase the HYSA to $40K, put the rest in VT and chill. I'd not touch the mortgage.

No HYSA has money penalties I know about? Look up other ones maybe? I have Amex for example and that is no penalty and is usually anywhere from 3-4% interest, but there are tons of diff ones you can pick from

In general, follow this order of operations: 1. Pay all bills 2. Build an emergency fund of 6 months of expenses in a HYSA 3. If either (or both) of you have a 401k match, contribute the minimum to get the match 4. Pay all debt above 14% interest rate 5. Increase your emergency fund to 6 months if not done already) 6. Pay all debt above 7% 7. Max HSA Contributions (if eligible, requires HDHP) 8. Max Roth IRA (both of you) 8a. If either of you has a Employer Stock Purchase Program, buy shares and sell them as soon as they vest here 9. Max 401k 10. Max Mega Backdoor Roth (if allowed) 11. Congrats you are rich In general, get as far down that latter as possible. At 30, no need for bonds. Yes VT is a good one size fits all stock.

I assume you’re getting your employer match? Same with your wife if she has one? Investing in the global market with something like VT is a great option for your long term retirement savings. You may be a bit cash heavy, how many months of savings do you have in cash/HYSA? How stable are both of your careers?

Since the mortgage auto-draws from that HYSA, it's really your checking account, not an emergency fund — a real reserve shouldn't pay your bills.

Its basically like a HYSA . Saying it's not a long term investment means you wouldn't want to invest your retirement into it, that's like just having money in a HYSA and won't yield much. However you can hold your emergency fund in it for years.

6 months of living expenses in an emergency fund. (Expenses! not bills! add up total monthly expenses x6 - put in HYSA to sit and grow safely. 100K in Vanguard VOO ETF - let your first 100k Grow for you. put 5-10K in regular savings as a buffer fund so you don’t have to touch your emergency fund ever. down payment on a nice small house. Buy a nice 2 BR 2 Bath that has the niceties you want but doesn’t break the bank. don’t look for large space look for nice quality and suitability.

HYSA has money penalties if i take out the money early , and considering its an emergency fund I feel like its a better to have full access

Hi! Thank you so much! This is helpful I truly appreciate it! No the $55k is not our entire household cash reserve. We do not have a separate fund for home repairs as we have been utilizing the HYSA, but we will surely create a separate one for home repairs!

My wife and I have 360k in an HYSA with the worst APY. We only have it there because it’s trust worthy but I was doing some reading on where to put our money so we can get the most of apy interest. We have plans of buying a house in the next 3-4 years. We live in a HCOL but we will move away to buy a good family house. I’ve got a few questions I know that standard FDIC insurance covers up to $250k per depositor, per insured bank. Since I want every single dollar of this house/family fund to be 100% safe and secure, I'm trying to figure out the best strategy for structuring and splitting these funds. We want to keep everything fully protected by FDIC insurance without locking it up in volatile investments. 1. What is the cleanest way to split \~ $360k to $400k across multiple institutions to stay safely under the $250k limit per bank? 2. Are there specific multi-bank cash sweep programs or specific banks that allow you to get higher FDIC coverage (like $500k+) under a single login, or is it better to just open accounts at two completely separate, reputable online high-yield savings banks? 3. For those who have saved for a short-term cash house purchase, how do you manage accounts across multiple institutions without it becoming an administrative nightmare?

Start by separating money needed within roughly five years—emergencies or a home—from retirement money; the short-term portion generally belongs in a HYSA, Treasury bills, or a money-market fund, not stocks. For retirement, check your 401(k) match and fees, then consider a low-cost target-date index fund or broad total-market index fund rather than trying to pick winners. Is the $20,000 above a fully funded emergency reserve, and when might you need it?

I have to disagree. 3-5 years is not long enough to guarantee any returns at all. Short term treasuries or a HYSA will likely outpace inflation. As for opportunity cost, sure. But what's the cost of delaying their home purchase for years or more if the market crashes.

Hi everyone. Im 23 years old (F) and I would like to invest in stocks. I’m not sure where to start. I’ve been told that I studied business but really, i’m not at all good with stocks, understanding them, knowing where to invest and what to do. I would like to invest for future funds for family, emergencies, maybe even build a custom home one day would be nice. I’m starting the research, watching youtube videos… but really still unsure where to start. I have a fidelity account (IRA, ROTH IRA, and 401k). I would like to invest $20,000 first as I have my funds in a HYSA. I see myself spending my savings instead of growing it. Where should I invest, how do I find info on what to invest in, etc. my apologies for all the rhetorical questions… i hope i can find some helpful insight! Thank you so much ❤️

What do you even mean - HYSA don’t lose money lol

Honestly VTI is already a solid foundation, and adding VOO would just overlap since VTI covers most of what VOO holds anyway. Keep the HYSA as your emergency fund and focus new contributions on consistent index fund buying rather than waiting for a specific dip that may not come.