Total novice, and I know I need to start doing quality research ASAP. I finally bit the bullet, and bought 10k of VOO yesterday. I’ve seen quite a few people mention T-bills.
Aside from the 10k in VOO, I’ve got about 65k in cash in my brokerage account to potentially DCA or lump sum with. I’ve also got about 89k sitting in a HYSA that is only giving about 3.7%.
I’ve seen a few posts with people suggesting to park cash in t-bills while things are volatile. Just watched a few videos on t-bills, and have quickly realized how I know nothing about all aspects of the market. The only thing I know, or at least have been preached to about, is to DCA in an etf or some kind of fund.
If I want to take advantage of the market, obviously education is number one. Should have planned for this long ago. But while trying to learn, should I park it in a 52 week tbill? The concept of not knowing the cost at an auction, especially with how crazy things are, makes me think auction might not be the way to go? Secondary market?
So outside of the 10k invested in VOO, I have a healthy chunk to try to make some gains. Where and what is the best way to get a crash course to have an understanding, and where should I park the funds in the interim? Thank you!