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Weekly Discussion: 15 July 2024
(lemmy.world)
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this post was submitted on 15 Jul 2024
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FIRE (Financial Independence Retire Early)
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How would you peeps go about allocating an amount for an apartment that'll be built over the next 2 years, with tranches to be paid every few months?
Keep the money invested, or already move the entire amount to a savings account, or just move the amount needed for the next tranch(es)?
With such a short timeline, I'd just keep it in cash. Put it in bonds or something for a little better yield.
If I can cash flow part of it, I'd only keep the portion I couldn't cash flow in that cash bucket.
I'd consider a CD ladder with the amount needed for each tranche maturing at the time I'd need it (depending on rates I could get compared to HYSA rates).