Right now, I'm thinking of putting it into:
5% Cash, 15% Bond ETFs, 20% International ETFs, and 60% Equity ETFs
because I've heard that they are a good long-term investment that doesn't take much day-to-day management. I'm still in college so I don't plan to buy a house anytime soon.
I was wondering what the fine financial folks of Hubski think?
40k isn’t that much money, it’s a good emergency fund though. If you want to but something, brokered CDs are yielding 2- 3% at no risk but you have to buy them through a brokerage account.
Best thing you can do is pay off student loans, they are the worst loans to have because they are non dischargable