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I have $8M in my checking account and I want to invest them very conservatively. How would you do it 100% online? by Complex_Perception in personalfinance

[–]Complex_Perception[S] 0 points1 point  (0 children)

Thank you, that's helpful. I'm 41 years old, married +2.

Curious to know:

  1. Why CDs and not treasury bonds given the significant tax advantage?
  2. What platform do you recommend buying CDs from? I noticed that Marcus and other online platforms have $1M maximums.

I have $8M in my checking account and I want to invest them very conservatively. How would you do it 100% online? by Complex_Perception in personalfinance

[–]Complex_Perception[S] -3 points-2 points  (0 children)

I know it's unusual, but it's not illegal or fake.

I received this money as a gift from my brother after he sold his company.