What Should I Do, Cd Maturing In 3 Months
46F, small business owner. Business generates just enough for me to live comfortably but I'm thinking of taking a looooong break from it so I might wind it down in a year. My current situation:
$265,000 in an investment account, invested in some stocks
$120,000 in a solo 401K, invested in some stocks
$15,000 in IRA
$11,000.00 in HSA
$135,000 in Fidelity CMA, $50,000.00 is FDLXX and the rest is all on NVDA
$260,000 in a CD that is maturing soon
I have about $300,000.00 in equity in my home and also some cryptocurrency
Question - I'm not sure what to do with the CD funds that are maturing in a few months. Should I park it in a HYSA or find another CD? I don't like doing CD ladders so most likely I would just put the whole amount in 1 CD if the interest rate is pretty good. I don't have any plans to use this money for at least the next 5 years. Ideally I would like to invest it so I'm getting more than 4-5% return on it.
Any advice is welcomed!
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