Short-Term Use of Cash

I recently received a windfall of about $50k and I am thinking about the best way or ways to put it to use over the next three to six months before I close on an investment property.

My first thought was to put it into SPY while it is pulling back.

My second thought was to divide it up among Apple, John Deere, Coca-Cola, and Lowe’s for a bit of diversification.

My third thought was to leave it as some “dry powder” in case the market pulls back further this month and then make a move.

What are your thoughts?


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