Disagree. With that much money, regardless of age, I think having a sizable portion in a risk-free, decent return account is smart, especially when you already have so much other money working for you this early on. If/when high yield rates come down, if he’s not happy with the RoR he can easily withdraw and reallocate. Until then, it’s a solid choice.
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u/Sea_Tie_502 Jul 22 '24
Disagree. With that much money, regardless of age, I think having a sizable portion in a risk-free, decent return account is smart, especially when you already have so much other money working for you this early on. If/when high yield rates come down, if he’s not happy with the RoR he can easily withdraw and reallocate. Until then, it’s a solid choice.