My grandmother has refinanced her home and pulled enough equity out to give me $10k for investment. The problem is she knows she's got about 2 years left with her health deteriorating quickly. She has no retirement and is on SS benefits to live off of month to month. I know the day is coming where I will have to move her from Arizona desert to my state and the amount of money to pay for the move and take care of her will cost a lot more than $10k. I've been trading the markets for 2 years and in the last 6 months I've had to relearn market psychology and price action and feel strongly we're going lower before we “reverse” direction. I believe in 6 to 12 months I can multiply this money but with so many options and pitfalls I'm not sure where to split up the money to compensate for market black swans. I watch the markets every day but I can't exactly buy SPY put/call leap options and expect decent growth. Any insight is greatly appreciated and will not be taken as investment advice. I owe my grandmother almost everything in my life and I just want her to have needs met when the time comes to move. Thank you.
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