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If there are any CPAs or investment gurus, I have inherited some money, 200K (cash). And I'm not sure what to do with it so that it will continue to grow without Institutions taking what I have in fees or churning it. The market is horrible and I'm not sure the fake manipulation will continue.

I am self reliant, have a garden, and don't need anything. I have years worth of food and meats. I have fuel, clothing and vehicles. Equipment, tools and I already have cash stashed for emergencies. I have IRAs and 401Ks that have done nothing but lose since Biden took over. Whatever gains I made during the Trump years have all but disappeared. I have purchased gold and silver and don't want any more. I have prepped for the last 6 years and am ready. To have this fall in my lap was unexpected and I want to make it count. I already have a second place to bug out with 75 acres in another state. And yes, I have all the irons I need.

Do I place it in a Roth or put it in the garage for emergencies? I hate to just sit on it.
I have had bad experiences with managed accounts with Merrill Lynch, Morgan Stanley and Cloud Financial. Everybody wants a piece of it.

Any brainstorming is appreciated.

If there are any CPAs or investment gurus, I have inherited some money, 200K (cash). And I'm not sure what to do with it so that it will continue to grow without Institutions taking what I have in fees or churning it. The market is horrible and I'm not sure the fake manipulation will continue. I am self reliant, have a garden, and don't need anything. I have years worth of food and meats. I have fuel, clothing and vehicles. Equipment, tools and I already have cash stashed for emergencies. I have IRAs and 401Ks that have done nothing but lose since Biden took over. Whatever gains I made during the Trump years have all but disappeared. I have purchased gold and silver and don't want any more. I have prepped for the last 6 years and am ready. To have this fall in my lap was unexpected and I want to make it count. I already have a second place to bug out with 75 acres in another state. And yes, I have all the irons I need. Do I place it in a Roth or put it in the garage for emergencies? I hate to just sit on it. I have had bad experiences with managed accounts with Merrill Lynch, Morgan Stanley and Cloud Financial. Everybody wants a piece of it. Any brainstorming is appreciated.

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[–] • 1 pt

Thank you, it sounds like a good option that I didn't think of. My trust in institutions has been shattered. How is it tax free?

[–] • 1 pt

Bonds issued to fund government/public works projects are generally considered tax free by federal and state revenue codes, and are reported but not included in taxable income. Just remember that these don't grow your money - they are pure income only.

This isn't 100% of the time, some states may tax these regardless of their federal status. I've found that if you're in a state that does not tax, the state bond funds issued and grouped into ETFs on the exchanges generally are tax free.

But this is just a pointer - always make sure you check before buying. You can purchase bond fund ETFs on pretty much any of the big trade houses. Fidelity may be the easiest to open if you want to engage in such.