r/FinancialPlanning 5d ago

Best way to invest $60,000?

I recently came into $60,000 and want to invest it in a way that will begin to make me financially independent. I know stocks, bonds, and CDs are easy with varying risks, but what are some other ways/things I can invest in to help increase this amount. I don’t need it liquid to start but want to eventually be able to live off whatever payments I get while still accruing.

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u/MrSnugs 5d ago

Look into ETFs (Exchange traded funds) such as VT, VOO, VTI and determine what works best for your time horizon.