Hello I wanted to know how much money should I have before I see a financial advisor? I currently have $10k saved up and want to do more to grow it. I also have other plans such as eventually buying a home. Is this enough money to get started? Or I need more?
Great question. We generally recommend that people are saving around $1k per month before they hire a financial advisor. However, everyones situation is different. We would love to chat to you to see if we can help. Please schedule a free discovery call with us here - districtcapitalmanagement.com/schedule-call/
We are doing a video on Treasury Bills next. If you are interested in building a Treasury Bill ladder you can find the video here - th-cam.com/video/_1RkCQq_CLc/w-d-xo.html
What is your short-term financial goal in 2023?
Skip Ahead Here!
0:00 - 6 Best Short-Term Investments with High Returns (4% to over 5%!)
0:22 - High-yield savings account
2:20 - Money market accounts
3:39 - Cash accounts
5:40 - Ultra short-term bond ETFs
6:59 - Brokered CDs
7:58 - Treasury Bills
I make 30% interest per month trading and will make way more this year.
I saw that US Bank is offering 400 basis points for their high yield savings just a few days ago 🤯
Hello I wanted to know how much money should I have before I see a financial advisor? I currently have $10k saved up and want to do more to grow it. I also have other plans such as eventually buying a home. Is this enough money to get started? Or I need more?
Great question. We generally recommend that people are saving around $1k per month before they hire a financial advisor. However, everyones situation is different.
We would love to chat to you to see if we can help. Please schedule a free discovery call with us here - districtcapitalmanagement.com/schedule-call/
Should I have any concerns about online cds? I do not know how I would get my funds back.
Are they FDIC -insured?
Are there any videos on buying treasury bills?
We are doing a video on Treasury Bills next. If you are interested in building a Treasury Bill ladder you can find the video here - th-cam.com/video/_1RkCQq_CLc/w-d-xo.html
Our treasury bill video is now live if you are interested - th-cam.com/video/3JFNhFNx2Ow/w-d-xo.html