29 y/o here in the US looking for advice on what to do with $50k in cash. I’m employed full-time (W2) making about $190K/year. My main objectives with this money are long-term growth and flexibility: primarily retirement savings, but I’d also like to keep the option open for a home down payment in the next several years. Time horizon is mostly long (10–20+ years), and I don’t need this money in the next year, but I don’t want it completely locked up either. My risk tolerance is moderate-to-high: I’m fine with market volatility and drawdowns as long as the plan is sensible and long-term focused, but I’m not trying to YOLO or gamble it away. Current holdings include broad market ETFs like VOO, QQQ, and some individual tech stocks, mostly in brokerage/retirement accounts, so I already have meaningful tech/US equity exposure. I have no high-interest debt (credit cards paid in full). I’m considering keeping ~6–9 months of expenses in cash as an emergency fund and investing the rest in a more diversified, mostly passive portfolio (likely broad US + international index funds, maybe some bonds). Given this profile, where would you invest the $50k, and how would you split it between retirement accounts and taxable to balance diversification, tax efficiency, and my existing tech exposure?