Hi, i have extra cash of 50k idling around in the bank for few years. Until recently then I know it's not wise to just leave it there. What are some ways to maximise it?

What about STI ETF?

Go For S&P500 if you have 10-20 years horizon :)

Step 1: Find out what is Gemini and that you can receive 7% yield per year for holding stablecoins at relatively low risk.

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Step 2: Realise that DeFi is awesome and CeFi is underpaying you.

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Step 3: Find out what is terra.money and Anchor protocol and that you can earn 20% Yield on stablecoins.

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Step 4: Realize that Anchor is underpaying you and that you could use Mirror protocol instead to get 40% Yield per year while being delta neutral (neither long or short the market).

Hi anon, if you already have an adequate emergency fund, consider investing this 50k.

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I would opt for something like CSPX (that tracks the S&P500 index) or VWRA (tracks the world index). Both are irish domiciled etfs. For a detailed explanation, check out my opinion piece i posted on Seedly.

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If you would like to recieve dividends, consider investing in REITs instead (etf: CLR). I recently posted an article explaining why I think REITs still deserve a place in our portfolio today. Check it out in my website at thedollarsapling.com if that is something that interests you.

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Hope this helps!