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RonJohn
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Is it possible to profit from some of this money in the short term before I need to access it?

Sure, it's possible. But if the stock market decides to "correct" (or even crashes), you'll be in a world of hurt.

Thus, since it's so important that you not lose this money, just stick it in an online bank earning 1.2%, and withdraw "enough" twice a month.

EDIT: by "withdraw", I mean to transfer to your checking account.

Is it possible to profit from some of this money in the short term before I need to access it?

Sure, it's possible. But if the stock market decides to "correct" (or even crashes), you'll be in a world of hurt.

Thus, since it's so important that you not lose this money, just stick it in an online bank earning 1.2%, and withdraw "enough" twice a month.

Is it possible to profit from some of this money in the short term before I need to access it?

Sure, it's possible. But if the stock market decides to "correct" (or even crashes), you'll be in a world of hurt.

Thus, since it's so important that you not lose this money, just stick it in an online bank earning 1.2%, and withdraw "enough" twice a month.

EDIT: by "withdraw", I mean to transfer to your checking account.

Source Link
RonJohn
  • 50.8k
  • 10
  • 107
  • 170

Is it possible to profit from some of this money in the short term before I need to access it?

Sure, it's possible. But if the stock market decides to "correct" (or even crashes), you'll be in a world of hurt.

Thus, since it's so important that you not lose this money, just stick it in an online bank earning 1.2%, and withdraw "enough" twice a month.