Ask HN: I have $450K cash, what should I do to maximize my return?

Re:Ask HN: I have $450K cash, what should I do to maximize m... by BbzzbB on Saturday August 01, 2020 @04:05PM (#24023469)

PF will say the same thing as always (not that it's wrong), i.e. SPY if you're risk-tolerant, some Vanguard I don't recall (VOO?) if you're less so.

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Re:Ask HN: I have $450K cash, what should I do to maximize m... by arcticbull on Saturday August 01, 2020 @04:25PM (#24023611)

VOO and SPY are basically the same thing, SPY is older and structured as a trust, VOO is an ETF. Both track the S&P 500. They'll probably recommend some combination of equity and bonds, probably a split between VOO (slightly lower fees and more efficient payout of dividends -- I do mean slightly) and TLT (20+ year treasuries).

VOO and TLT have limited correlation as treasuries are seen as a safe-haven. We've seen huge spikes in treasury funds recently, since they go up in value when interest rates go down. It's a bit unintuitive, but treasury funds have to cycle through their holdings over time to track the index, so when interest rates on new issues go down, older issues command a premium in the amount of pre-paid interest.

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Re:Ask HN: I have $450K cash, what should I do to maximize m... by reducesuffering on Saturday August 01, 2020 @04:26PM (#24023615)

VOO is the same index as SPY (SP500), so that can't be it. Maybe you meant BND, a highly popular total bond market ETF that would be for the risk-intolerant?

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Re:Ask HN: I have $450K cash, what should I do to maximize m... by csmiller on Saturday August 01, 2020 @05:50PM (#24024190)

Maybe VTSAX?

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