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Have about 30k to invest, would it be dumb to just put it all in SPY.
Have about 30k to invest, would it be dumb to just put it all in SPY. Good Day, After my Roth IRA Contributions and Emergency Fund in my High Yield, I am left with about 30k. I'm not highly financially litterate, but know I could do something better than a high yield savings account. Currently I have an empty Schwab Brokerage account. Would it be dumb to just put it all in the ETF SPY and let it grow?
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