I plan depositing $171K in a high-yield savings account amidst limited family, health issues, and secure retirement support. Seeking any additional investment strategies or allocation suggestions for this money.
based on my experiance, diversificacion across different assets tends to be a good aproach even when health and family circumstances are moderate. i would keep a sizable emergency fund in that high-yield savings account but also consider low-cost index funds for longer-term growth. bonds, particularly treasury bonds, have helped me maintain stability during market fluctuations and the occasional dividend stock investment can provide additional income. a careful balance between preservation and growth is key so some research to find suitable low cost funds is recommended.