I am 29 with no rent, debt or expenses and do not plan to buy a house in the next few years. I have maxed my IRA out this year, 7,500 in checking, 30,000 in a HYSA and 9,000 that I just put into an FXIAX fund. I just started investing like a month ago so am new to this. How would you/ allocate these numbers if you were me?
I am 29 with no rent, debt or expenses and do not plan to buy a house in the next few years. I have maxed my IRA out this year, 7,500 in checking, 30,000 in a HYSA and 9,000 that I just put into an FXIAX fund. I just started investing like a month ago so am new to this. How would you/ allocate these numbers if you were me?
I am 28 and currently earn 60k per year in the US, I have been complacent in any investing and currently have $47,000 in a checking account through Bank of America. I have no rent or living expenses as I’ve moved home temporarily with parents. With that amount of money what would you recommend for savings accounts, IRA, 401k, mutual funds ect-what I am really asking is what would you do and where would you start?