10-17-2018, 12:14 PM
(This post was last modified: 10-17-2018, 12:18 PM by crimsonghost747.)
Well, here is where I am at.
The cash that I currently have, at least the large majority of it, stays put. Simply because I couldn't find any decent currency hedges and I don't want to be over exposed to the currency risk.
As for the monthly cash deposit that was previously going to this cash account, I made a plan to throw it into T-bills, CDs or corporate bonds. Whatever feels like the right move at the time of buying. One purchase every 3 months with a maturity of 1 year. So looks like October/January/April/July for both purchases and maturity dates.
This way I get an acceptable interest rate and the money will start to become available at regular intervals after 1 year. Funnily enough, the first set of T-bills will hit maturity around the same time as my current employment contract ends... and surprisingly the amount that I'm putting into these on a monthly basis is roughly the same amount that I imagine needing to live for a month. A massive coincidence or is somebody possibly planning on taking a year off? :p
The cash that I currently have, at least the large majority of it, stays put. Simply because I couldn't find any decent currency hedges and I don't want to be over exposed to the currency risk.
As for the monthly cash deposit that was previously going to this cash account, I made a plan to throw it into T-bills, CDs or corporate bonds. Whatever feels like the right move at the time of buying. One purchase every 3 months with a maturity of 1 year. So looks like October/January/April/July for both purchases and maturity dates.
This way I get an acceptable interest rate and the money will start to become available at regular intervals after 1 year. Funnily enough, the first set of T-bills will hit maturity around the same time as my current employment contract ends... and surprisingly the amount that I'm putting into these on a monthly basis is roughly the same amount that I imagine needing to live for a month. A massive coincidence or is somebody possibly planning on taking a year off? :p