good evening, I’m a bit stressed and can’t sleep.
my wife is 38 weeks pregnant and I got laid off from my software engineering job. I have 108k in savings, half in the sp500 (brokerage not 401k) and half in cash. a couple grand in gold.
im pretty scared about market volatility in the short term but don’t want to lose out if we keep rallying.
my wife pulls in about 1k a month from Airbnb, and I’m looking for freelance work and doing a startup on the side.
am I crazy thinking about investing 25k in the market ? we can get away with about 1k a month in expenses (family helping out) or just not worth it if I can’t find employment within a year?
thanks