Is this a good idea?
I am 33M.
I've been unlucky since I started investing about 5 years ago. I had no idea what I was doing for about 3 years and in total lost about $20k altogether.
I started getting more serious and doing a lot more research in the last year or so and have accepted my losses and sold off my bad investments. I've now invested in a mix of growth/ETFs like VOO, SCHD, AAPL, and TSLA
I have two others in SPYD (don't ask why) and AUTL (hoping they get acquired) but not a significant amount in either. The rest of the money I just keep as SPAXX in Fidelity
Lately, I just feel like the “safest” and more guaranteed return on investments are CDs and T-Bills given the interest rates they are offering (5% – 5.5%). I am in the process of setting up a CD/T-Bills ladder where I'd have maturing CDs or T-Bills monthly starting later this year.
Should I continue with this approach? I know the interest rates will fluctuate and may not always be high but I haven't seen any of my investments besides TSLA really take off (AAPL has done decent). As noted above, I actually lost a good amount in the past.
Right now, my goal is to not think about it everyday and just have my money grow over time (I will not need the cash). Should I just put it all in VOO? Leave it in SPAXX? Or just continue the ladder strategy? Are there any risks I'm not considering?
I also have some money just sitting in Robinhood, which earns me 4.9% APY (with gold). Most of it is in Fidelity.
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