Investment advise for 25 year old with 100k
I am 25 and have around $100k in savings. Have been thinking of starting to invest. First of all, not sure where to start from. There is so much information online, and everytime I sit down to research, I get more conflicted about the options available. Any advice from experienced members here to where to start? Please only serious response.
Start with JL Collin's stock series, then read some relevant Mr Money Moustache or Financial Samurai posts. TL;DR Open a Vanguard account and put it all in the total market ETF
100% low fee index funds. I do a mix of SP500, total market, and international.
/r/personalfinance Learn the standard way of managing money (emergency funds, index funds, portfolio rebalancing, tax minimization, etc). Nothing against crypto currencies and other exotic investment vehicles. You can make a ton of money on them (and I'm sure many already have), but before you take drastic measures, examine your other options first. Also, while you're at it, pick up a copy of A Random Walk Down Wall Street to get some historical context as to what's going on right now.
This, this, this.
Good advice here. For a more hands off approach, take a look at Wealthfront or Betterment. They give you a portfolio of low cost index funds (most from vanguard) and they automate everything you should normally do yourself: - rebalancing - investing dividends or new deposits in the appropriate funds - optimize for taxes (some funds are more appropriate in tax-deferred accounts, others in taxable - minimize taxes on widhtdrawals - give you fancy features like tax loss harvesting - and more
Go to higher ed
Crypto is the best investment
2018 could be our last year. Buy what you want and eat good food.
“Last year”?
“Our”?
How do you have $100k in savings working at Amazon?
put some in GS bank and wavefront
it depends in your risk tolerance and involvement. if you want extremely low risk, money market account but risk to inflation. next bonds. next low cost index funds across domestic and international (vtsax and their foreign option), next mutual funds, individual stocks, real estate, angel investing, last is crypto for high risk tolerance. note lower risk generally means lower reward. yout job is yo optimize risk and reward based on your tolerance.
I heard dogecoin is going to 10x soon.
Heard the same