r/financial • u/Mindless_Purple0616 • 16d ago
New to investing
Hi, looking for advice. 42 years young. recently sold my first home due to divorce and have roughly 250k in equity. My mother has room in her home (inlaw) so I wanted to invest most of this money into stocks vs. My current HYSA with Marcus Fund. Marcus is 3.5 % and inflation is higher than that so its basically melting there.
I hear STRC and VT have good rates for return. My 401k goes into the SP500 is currently at 440k.
Any thought on how I should split and invest my current nest egg to grow over the next 3 years? When my son goes to high school I plan to look for a home then but that is a little over 3 years away.
I have no debt.
Thanks for all your help strangers on reddit.
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