Best way for my money to make money and be accessible

[Twiztid]

Hey guys, so I've finally paid off my credit cards and have some money to put away. Need your help on a hypothetical situation.

While being paranoid and not giving you real amounts.Let's say I have $40,000 to invest/ put away but I want at least $20,000 to be accessible as a just in case fund and the other $20,000 can be slightly less accessible.

*I don't want to chance losing money
*I want a high intrest account

I'm thinking a platinum money market currently. What would you guys do?

Little bit of background: 29, have a 457 pension, my wife has one of her own too. Both of us work in the public sector.
Sent from my SM-G965U using Tapatalk

 

[StuP]

In. Difficult to find much of a return in that scenario at the moment.

 

[fast306stang]

*I don't want to chance losing money
*I want a high intrest account

If it was that easy, everybody would be doing it.



That being said, buy some stocks or money market account type stuff. DWCPF is making almost 20% YTD. SPX is making about 18%. SPX follows the S&P 500, DWCPF is Dow Jones U.S. Completion Total Stock Market Index

 

[Twiztid]

In. Difficult to find much of a return in that scenario at the moment.

My thoughts as well. This is more to get another opinion to show my wife. We've talked to an accountant who suggested the money market route to us.

*I don't want to chance losing money
*I want a high intrest account

If it was that easy, everybody would be doing it.



That being said, buy some stocks or money market account type stuff. DWCPF is making almost 20% YTD. SPX is making about 18%. SPX follows the S&P 500, DWCPF is Dow Jones U.S. Completion Total Stock Market Index

I figured to get a good return we'd have to risk some. She wants to risk 0, I'm willing to put half out there.

 

[Ghost941]

Midget hookers. Low overhead, high returns.

 

[Twiztid]

 

[fast306stang]

Midget hookers. Low overhead, high returns.

Low overhead! LMAO

 

[Trailrider]

*I don't want to chance losing money
*I want a high intrest account

If it was that easy, everybody would be doing it.



That being said, buy some stocks or money market account type stuff. DWCPF is making almost 20% YTD. SPX is making about 18%. SPX follows the S&P 500, DWCPF is Dow Jones U.S. Completion Total Stock Market Index

This. Anything short term, high gains, and easily accessible is going to be higher risk. I'd take this advice. Otherwise you're just gambling.

 

[keith089]

Gold
Silver spam
Bullets

 

[fast306stang]

This. Anything short term, high gains, and easily accessible is going to be higher risk. I'd take this advice. Otherwise you're just gambling.

To be fair, I lost money last year in those I mentioned. However this year has more than made up for it. Which is a long way of saying, the market is a long game strategy. JMO.