Sitting on cash

Been sitting on cash since I feel like we were going or in a recession but then …

Everything is ATH. Feel like I should put some money back to work, but with all the layoff, job market, etc, wonder if I should wait more or just put 40% SPY 40% QQQM and 20% high risk like NVDA. Thoughts?

For perspective, HYSA is 5%, and obviously the market has been beating that



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