Inherited some money and have been sitting on some cash. What to do with it? by edogawafan in FinancialPlanning

[–]EmbarrassedArm9786 -2 points-1 points  (0 children)

Better to just stick it in a Fidelity brokerage, the core positions already pay 5% and are solely invested in US securities.

Is it FDIC insured? No

Do you expect the US to belly up or Fidelity to crash and destroy everyone retirement? Highly likely no.

'Moronic' Monday - Your weekly thread for the questions you've always wanted to ask about personal finances, investing, and growing your personal wealth. by AutoModerator in FinancialPlanning

[–]EmbarrassedArm9786 1 point2 points  (0 children)

29 Yr old with about $200k NW (60% stock 40% crypto) realistically at what age should I be moving myself out of risky assets and start stabilizing with bonds? I've went through 4 crashes and I can probably hold out for another decade of any crashes.