facebookI have about a $150k lump sum to invest, but am looking for a short term investment as I need the capital back in 4-5 years. Any recommendations on where I should park it/invest in? - Seedly
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Anonymous

18 Aug 2020

I have about a $150k lump sum to invest, but am looking for a short term investment as I need the capital back in 4-5 years. Any recommendations on where I should park it/invest in?

The $150k lump sum is the excess of another loan taken, with an effective interest rate of 2.5%. Hence I'm looking at something with 3-5% returns. I'm a 30-yo working adult :-]

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    What are your thoughts?

    Maisul

    Maisul

    18 Aug 2020

    Level 9ยทYoutuber at Google (Channel : Say Do Invest)

    If you are going for stock market investing, dont invest lumpsum.

    Use DCA buy every month to average out the price of the stock.

    Buying mutual funds is a good place to park your money :)

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