Is he willing to move things around periodically or does he want to just put it someplace to sit?
If he’s willing to move it around - I’m playing reverse ETFs SPXS and SQQQ to make money on the downside.
I’m also holding TLT which is a bond ETF. I know they are down with the market but have started to rebound as volatility has increased.
I would recommend holding another 3-6 months in cash, despite the inflationary loss and then making a decision. If he wants to make an immediate move I’d go with the reverse ETFs and TLT combination.
It’s what I’m doing outside of piling into DWAC (the trump media SPAC) and a very small play in a couple small companies.
This is all in my trading account. In my long term retirement stuff I just park it in index funds and forget it for another 20 years....his timeframe may not allow that.
He just wants it to sit. He doesn’t really have the acumen to play a market or anything like that. He would like a good return in the 3-5 year window if possible. He is retired and anything beyond the 10 year window is probably not his greatest concern. Thanks for the advice.