[LoveStory08]

I appreciate it, bro.  
Before deciding, I'll study more to discover if there is any "under-the-table" management, all-in-one fees, etc. I have a stock account, and it is not pleasant to control it. Thanks for reminding me. I got a "jackpot" once and paid more than 25% in taxes then, but the "downhill" can deduct only $3k per tax year. 

Most notably, the US ranked 32nd out of 38 OECD countries in terms of taxation, and to preclude tax burden, we must think wisely before implementing investments. 

My concerns about the FDIC/SIPC insurance are now the unexplicit statements but general coverage. The bank's representative informed me that the FDIC insures up to $250k per CD, not per account holder, and encouraged me to open more than one account. I am not sure of the information. Hence, despite offering an excellent interest rate, I am still spreading only $200k to each bank. I vaguely recall one bank failure before the maturity date; the FDIC covered interest only until the bank closed. 

I considered purchasing wildfire-burned land in California and reconstructing condos or apartments for rent. Given a short distance to the beach, would paying over-average rent be worth it? What's your opinion?

@LoveStory08,
, sis. Are you the same one I've been chatting with in Xóm Chợ? If so, would you like to join our conversations? Thanks for your support, and please make yourself comfortable.

What’s your other nick (s)?  Thx but I will just be a reader if you don’t mind.