Do yourself a favor: buy a ladder of Treasury Bills and ntoes maturing anywhere from 3 montsh to 5yrs. They are yielding 5%+, and exempt from California’s state income tax (9%+ if I recall before I escaped).

Cash is not trash anymore. That 5% from Treasuries is getting more competitive vs stocks or real estate considering the risks you have to take in those markets.

In a year, you will be happy to learn that cash is all of a sudden an “asset class” once again.