Hello Reddit. I've used you for many years to dive down meme holes and hijacked threads. Now, I'd like to ask you for advice.

I think this is the right place to do it, but please be kind if it isn't.

I live in the US. I am 35. No debt. I own some assets including a modest house that my brother a I bought for my mum to live comfortably in.

I have $100k sitting in a savings account, and you and I both know it isn't doing much good there. I want to make it work as hard as it can over the next 5 years so that my partner and I can have a good shot at putting it towards a deposit for a house of our own to live in (we currently rent).

I have had terrible luck in the stock market before. A few years ago I lost about $80k over the course of two years trying to trade options. I was ill prepared and I learnt my lesson.

So, knowing that I probably shouldn't try relying on my own trading knowledge ever again, I would like some advice on what best to do with $100k to make it work over the next 5 years... Do I invest it in some kind of fund? I see ads for robo-investing accounts pop up in my social media all the time, but are they legit? I don't want to have to do any management... Ideally I want to hand over the money, forget about it, and then pull it back out in roughly 5 years time. Is that a fairy-tale scenario that doesn't exist?

Thank you all kindly for the advice for this rookie. I very much appreciate it.