I am not a Financial advisor nor do I pretend to be an expert on finances.
I consider myself one of the lucky ones to have have come out of the "great recession" in good shape.
My financial advisor at Schwab advised me to get out of a portofio of mostly bonds when the market was at 9,400 and temporarily put it in a Money Markert fund until I felt safe to start reinvesting. at that point, my portfolio was down 18%.
I also had cashed out of an annuity at Merrill Lynch that has lost 25% of its principle. My accountant advised that I divide the total amount received and put into 6 month CD"s at the start of each month. So at the beginning of every month, I would have my money available to pay for any unforseen expense.
WHen the market climbed back to 8,200 from the low of 6,600 points. I was advised to put it into a Schwab Managed Portfolio. That portfolio has returned 30%.
The CD"s will give you peace of mind that you will not lose any money although your gains will not be great and you will have liquidity.
The portfolio will be subject to stock market conditions. I still see the market as growing for the next year but it will be choppy.
Liz Ann Sonders of Schwab has been one of the few financial people who has been accurately predicting how the market will do.
Since you asked, I would consider taking 100K to put in a conservative managed portfolio and the rest to be dived equally in 6 month CD's.
Again, I am not a financial advisor but so far I have been lucky to listen to the right people.
I've been poor and rich and being poor stinks. - Mae West
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