I have around $50k I would like to invest in a Schwab brokerage account instead of it sitting in a HYSA that’s getting about 3.5%.
The desired goal with the money is to have in invested in a easy to liquidate fund, that mimics a steady growth and returns better than a HYSA.
The funds (or subsequent interest/dividends/etc) would be liquidated (after any capital gains limits) to be used on hard money cash loans. The interest payments from these loans would then be redeposited and reinvested in the brokerage account.
I’ve been made aware of SWTSX and SWPPX
They don’t have to necessarily be Schwab funds.
I hope I’ve explained my goals and am hoping to hear some guidance and direction so I can better inform.
Thank yall