#diversify

How should I diversify my Roth IRA?

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How should I diversify my Roth IRA? 19 year old who plans to open a Roth IRA for long term retirement. Plan on opening with $1-2k now and then putting in $1,000 every year. How should I go about investing that $1k each year? VOO? SPY? VTI? Something else? And should I split it into multiple funds or put all into one fund? submitted by /u/KnowingCresent735

Reddit Personal Finance 1.0k 2024-12-18

How to properly diversify Roth IRA account

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How to properly diversify Roth IRA account I hope everyone’s afternoon is going well. I am 19 years old and currently a college sophmore at my university. I was just wondering, what would be the best course of action for properly diversifying my portfolio. Currently I have just about $1100 invested into it and my current holdings are: AAPL, VOO, SPY, and NFLX. I have good growth from it …

Reddit Personal Finance 410 2024-11-26

Maxing out 401k. Is it worth it or should I diversify?

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Maxing out 401k. Is it worth it or should I diversify? I have been maxing out my 401k for a little over a year. Additionally to contributing to my 401k, I have a Thrift Savings Plan (TSP) that I had been contributing but stopped since creating a new 401k with my employer. I am 29 y/o, I have $48k in TSP, $22k in 401k, $50k on stuck units from employer, and $100k (approx) in equity of my home. These…

Reddit Personal Finance 635 2023-11-25

Fixed 7% return on 401k or diversify?

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Fixed 7% return on 401k or diversify? 25f. My city job offers a 7% fixed return on our 401k contributions. I’ve had 100% allocated to this option for the past 4 years and have been maxing the contributions ever since. People at work tell me to have it 100% allocated in their diversified option that mirrors VOO & SPY. Should I change my allocations to this option instead? I have a R…

Reddit Personal Finance 654 2023-11-20

I just inherited 2700 Apple stocks, and need to diversify. Please help!

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I just inherited 2700 Apple stocks, and need to diversify. Please help! My grandparents recently passed and left me all of their Apple stock because they knew I plan to attend medical school, and didn’t want me to go into debt. Apparently in the current market this is worth over 500k which is quite overwhelming to randomly get, and I don’t want to make any stupid decisions. Because they decided to give me only one t…

Reddit Personal Finance 215 2023-07-10