Hi all, need some help with investing my cash and I really don't know where to begin. Here are my details that are probably pertinent to your advice:
-28 years old
-Live in Asia
-monthly rent/car= $0, covered by company
-living expenses: roughly $1k month
-current savings, $55k - 25k is in money market account remainder is in checking @ 0.2%
I like to keep my money liquid, my employer doesn't offer 401k contribution and I don't want to stick my money in any sort of fund that charges a penalty for early withdrawal. I also have my own business, Internet based, in which I reinvest some of my savings. I am not risk averse, I just don't really know where to put my money. I am also weary of investing in stocks and the return on bonds is not worth tying up my cash, IMO.
Looking forward to your advice.
Edit: I am single, earn $80k year, save roughly 70% of my income, splurge occasionally ($2k-$5k vacation etc.)