All Forum Posts by: Shelby Carter

Hey @Shelby Carter - assuming you've already invested into real estate, but the question you're asking is a $100 Trillion Dollar question everyone wished they knew the answer to :) 

Something that compounds safely, while also being highly liquid. If you're wanting growth, while still being liquid, then I recommend putting the money into a growth ETF vs. the traditionally stable ETFs. Growth ETFs focus mainly on tech companies in different industries across the board. 

If you'd like to stay exposed to real estate, but still want liquidity, you could aim for investing in REITs, or even crowdsourced funded companies like Fundrise, etc. there are a lot of these types of companies now that will only lockup your funds for 8-12 months. 

Hi Shelby! I would check out One Finance. It is a financial technology company, that partners with Coastal Community bank to hold my money. So it is not necessarily a bank. They have a savings account that has an APY of 3% and I have easily transferred money in and out, which I am assuming is the main benefit you are looking for. Obviously 3% is not great, but better than a regular bank which is less than 1%. I have been using them for about 2-3 years and I do have my other banks, but so far no issues transferring between my other bank and One Finance.

Hello Shelby, what I would recommend is that you identify the amount you need to have saved in order to feel safe if an emergency comes up (maybe 3 months of expenses, but this is different for everyone). Once you have saved this amount, put the rest into real estate, stocks, or some other investment. If you have more questions about ways to invest definitely reach out!

@Shelby Carter what are you trying to do with the money? If you are trying to invest in securities just do that. If you are saving up for a down payment just put in a high yield saving possibly short term CD's all will be dependent on your time frame. For emergencies just a high yield saving account these funds aren't meant to make you wealth they are to keep you from going backwards in life. 

Best of luck!