@[email protected]M to FIRE (Financial Independence Retire Early)@lemmy.mlEnglish • 2 months agoWeekly Discussion: 15 July 2024message-square5fedilinkarrow-up112arrow-down10
arrow-up112arrow-down1message-squareWeekly Discussion: 15 July 2024@[email protected]M to FIRE (Financial Independence Retire Early)@lemmy.mlEnglish • 2 months agomessage-square5fedilink
minus-squaremyrmidexlinkfedilink4•edit-22 months agoHow would you peeps go about allocating an amount for an apartment that’ll be built over the next 2 years, with tranches to be paid every few months? Keep the money invested, or already move the entire amount to a savings account, or just move the amount needed for the next tranch(es)?
minus-square@sugar_in_your_teaMlink3•2 months agoWith such a short timeline, I’d just keep it in cash. Put it in bonds or something for a little better yield. If I can cash flow part of it, I’d only keep the portion I couldn’t cash flow in that cash bucket.
minus-square@[email protected]Mlinkfedilink3•2 months agoI’d consider a CD ladder with the amount needed for each tranche maturing at the time I’d need it (depending on rates I could get compared to HYSA rates).
How would you peeps go about allocating an amount for an apartment that’ll be built over the next 2 years, with tranches to be paid every few months?
Keep the money invested, or already move the entire amount to a savings account, or just move the amount needed for the next tranch(es)?
With such a short timeline, I’d just keep it in cash. Put it in bonds or something for a little better yield.
If I can cash flow part of it, I’d only keep the portion I couldn’t cash flow in that cash bucket.
I’d consider a CD ladder with the amount needed for each tranche maturing at the time I’d need it (depending on rates I could get compared to HYSA rates).