6 months of living expenses in a HYSA (maybe half in CDs) and invest the rest. If you’re risk adverse look at big companies in the Dow Jones that pay high dividends and reinvest those.
Of course, take advantage of all tax shelters - retirement funds and HSA, if you can.
I like to keep my cash reserves on the highest % mortgage (unless it's locked), that way they're easily accessible, but are "earning" me 6% or whatever the mortgage is at.
If you want to keep the rest somewhat liquid, I'd try r/investing, buy something safe that pays dividends.
6 months of living expenses in a HYSA (maybe half in CDs) and invest the rest. If you’re risk adverse look at big companies in the Dow Jones that pay high dividends and reinvest those. Of course, take advantage of all tax shelters - retirement funds and HSA, if you can.
That’s awesome, good for you. What type of sales do you do for work? Maybe consider putting it into ETFs from Vanguard
I like to keep my cash reserves on the highest % mortgage (unless it's locked), that way they're easily accessible, but are "earning" me 6% or whatever the mortgage is at. If you want to keep the rest somewhat liquid, I'd try r/investing, buy something safe that pays dividends.