Row 7008

Row ID: 7008 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 7008 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I (27f) recently won a settlement and have some money coming in, roughly $75k. This is will be the most money I have ever had, by a lot. Apart from my Roth I have never invested before. I only make $40k a year before taxes, and my work isn’t always consistent. I want something with low risk that is somewhat passive. I have a small piece of land I inherited, and I may want to invest some of the money into building a little house on it to boost land value, but that’s a couple years off, and I want to find a way to maximize (or at least not lose) the money while I wait for that time.

The things I’ve been looking into:

-Vanguard and fidelity money market funds

-SOFi/ALLY HYSA

-T-bills

-local credit union offering 5% interest when starting hysa account with 10k or more (I’ve read that smaller entities advertising big rates aren’t the most reliable long term)

I feel I understand the difference between all of these, but wondering if it would be best to split up the money into different types of accounts with different entities? Or for someone like me does it make sense to just put it all in a hysa and just wait.

Tl;dr: I don’t make much money, never have, never invested before, suddenly find myself with 75k and I want to know if it’s smart to split up my investments, or if it’s ok to put it all into a hysa for the sake of convenience. I have no one in my life who knows about these things so anything helps :)

FieldValue
text I (27f) recently won a settlement and have some money coming in, roughly $75k. This is will be the most money I have ever had, by a lot. Apart from my Roth I have never invested before. I only make $40k a year before taxes, and my work isn’t always consistent. I want something with low risk that is somewhat passive. I have a small piece of land I inherited, and I may want to invest some of the money into building a little house on it to boost land value, but that’s a couple years off, and I want…
label r/investing
dataType post
communityName r/investing
datetime 2024-05-14
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url_encoded Z0FBQUFBQm5Lak9HSXVUYThYZUtzVW1PdVBZdDYwY01jMF8wbFQ1NENpVFhsREp5V3NfN051eFhranhFTVlPb24zZ0M2V21sTWlXRXh4ckc0al9IV24zcEtUY1lUZzl4M01xX25wdXNsQURadEpWdFRjRGdrR29tSkhiQkhoY2NuSlFPSGFrOGVVY0FVMGxRd3dWbm1jeUxoYUJTWks3VG1hQTlNZ1laNldsUzNTMzNnY2kyLVI1YXB4Ym82YmduUHhPLThJQmFUVHdhWVRHWnBKVWZYUmVockFtbEdLR0s1UT09

Raw Record

{
  "text": "I (27f) recently won a settlement and have some money coming in, roughly $75k. This is will be the most money I have ever had, by a lot. Apart from my Roth I have never invested before. I only make $40k a year before taxes, and my work isn’t always consistent. I want something with low risk that is somewhat passive. I have a small piece of land I inherited, and I may want to invest some of the money into building a little house on it to boost land value, but that’s a couple years off, and I want to find a way to maximize (or at least not lose) the money while I wait for that time. \n\nThe things I’ve been looking into: \n\n-Vanguard and fidelity money market funds\n\n-SOFi/ALLY HYSA\n\n-T-bills\n\n-local credit union offering 5% interest when starting hysa account with 10k or more (I’ve read that smaller entities advertising big rates aren’t the most reliable long term)\n\nI feel I understand the difference between all of these, but wondering if it would be best to split up the money into different types of accounts with different entities? Or for someone like me does it make sense to just put it all in a hysa and just wait. \n\nTl;dr: I don’t make much money, never have, never invested before, suddenly find myself with 75k and I want to know if it’s smart to split up my investments, or if it’s ok to put it all into a hysa for the sake of convenience. \n \nI have no one in my life who knows about these things so anything helps :) \n",
  "label": "r/investing",
  "dataType": "post",
  "communityName": "r/investing",
  "datetime": "2024-05-14",
  "username_encoded": "Z0FBQUFBQm5LakwzVW5OdEIzeDVyaEtCamVWaUdMc0lvY2F1VVV6bHZpOUpvaXYzc0FiV3pQOGRlUVhUaUdPVk9JSFVpbzlLTzFVUEpzNVpXR05EN19lbTBMaEpvZm4tTXc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9HSXVUYThYZUtzVW1PdVBZdDYwY01jMF8wbFQ1NENpVFhsREp5V3NfN051eFhranhFTVlPb24zZ0M2V21sTWlXRXh4ckc0al9IV24zcEtUY1lUZzl4M01xX25wdXNsQURadEpWdFRjRGdrR29tSkhiQkhoY2NuSlFPSGFrOGVVY0FVMGxRd3dWbm1jeUxoYUJTWks3VG1hQTlNZ1laNldsUzNTMzNnY2kyLVI1YXB4Ym82YmduUHhPLThJQmFUVHdhWVRHWnBKVWZYUmVockFtbEdLR0s1UT09"
}
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