$300K from Overseas Property Sale where best to invest for 12 Months

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488spider

I am selling an overseas property I own and wont be investing the money in another property for 12 months. I have never bought any bonds or fixed income assets. Where the best place to invest the $300K for 12 months. I already have a stock portfolio and trading account so not looking to add any of the funds from the property sale to these accounts. Any feedback appreciated.
 
Honestly, if it were me, I'd probably keep $175K in cash, $75K in high-yielding commodities stocks, and $50K in speculative names that have been pounded down -75% or more over the last year.....there is probably lots of value in speculative biotechs, SPACs, and other tech that has been relentlessly sold in recent months. I recently bought a basket of satellite companies for this reason.
 
SteveM said:
Honestly, if it were me, I'd probably keep $175K in cash, $75K in high-yielding commodities stocks, and $50K in speculative names that have been pounded down -75% or more over the last year.....there is probably lots of value in speculative biotechs, SPACs, and other tech that has been relentlessly sold in recent months. I recently bought a basket of satellite companies for this reason.
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I dont want to invest any of the $300K in stocks as have enough invested in stocks in my 2 other accounts.
 
488spider said:
I dont want to invest any of the $300K in stocks as have enough invested in stocks in my 2 other accounts.
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You'll want higher yielding, maturing, assets. Can you buy bonds directly? I'd look into leveraged loans (not funds!), high yield bonds (just under IG, and again not funds), and to a lesser degree alternative risk premia assets.

For leveraged loans and bonds, tie the maturity to your liquidity need (1yr), and this should represent most of your assets (70%+). For the alternative risk premia assets, allocate between 5-8% ideally across 5-6 types of non-correlated risk premias.

When you look at alternative risk premia ETFs or Funds make sure to assess the correlations they have with the SPX. You want things that generally move sideways and a bit up over time and pay a 3%+ dividend yield. You do not want things that have lots of volatility.
 
SteveM said:
Honestly, if it were me, I'd probably keep $175K in cash, $75K in high-yielding commodities stocks, and $50K in speculative names that have been pounded down -75% or more over the last year.....there is probably lots of value in speculative biotechs, SPACs, and other tech that has been relentlessly sold in recent months. I recently bought a basket of satellite companies for this reason.
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EBS was a decent catch recently.
 
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