Pay down mortgage, save or invest? 300k mortgage at 7.3%. 6 months of full living expenses saved up, 14k in an investment account and a healthy 401k balance with 15% contributions per year. If I had an extra 300 a month — would you make extra mortgage payments, add to savings or investments, or increase your 401k contribution? Right now I plan to put the 300 a month into savings…

Best place to invest for an older person? My 80 yr old father has an average of $3000-$5000 left over each month after paying bills. He’s retired with 100% disability through the VA, so very few bills. I had mentioned to him that it wasn’t a good idea to leave that much money just sitting in his checking account. So, about a half a year ago, he started using Edward Jones to invest some …

How to invest in Vietnam as a US citizen? For various reasons, I think that investing in the Vietnamese economy is a good choice. I have done the research and homework that led to this conclusion. The problem is that I am not aware of HOW to do so. The only ETF I know of is VNM, and that is not at all indicative of the Vietnamese economy for various reasons. Does anyone know of any othe…

SoftBank in Talks to Invest Up to $25 Billion in OpenAI A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.

What’s a great lens to invest in for taking professional photos of my aquariums and more ? Hello, I’m looking for a lens for my wife’s Sony a6000 to improve the quality of my aquarium competition photos. The competitions are judged based on front-glass photographs, making it (in many ways) a photography competition. I’ve been using a Sony ZV-1, but I want better quality for my next project. The people I’m “competing” with typically sh…

21. $50k saved. Where do I invest it? Hello, I come here looking for any financial recommendations. I am 21, I work full time no college or further education than a high school degree at the moment. I live with my parents they are not rushing me to move out so I am looking to invest. I know it’s not smart to have this money sitting but I’m not sure where to put it. I want to buy a h…

Should i invest now or save up to not have any student loans? Okay, so I am at a point where I trying am learning to become financially literate. I’m also just beginning college. Currently, I am in community college before I transfer over to a bigger 4-year university. My dilemma is that I want to invest currently but obviously am limited on my income before I graduate. I also have a car note with around 1…

What would you do? Early 20s and scared to invest, scared to not invest About me: -Early 20s -College degree -Living abroad on a stipend, no idea if going to stay abroad, final career path, etc. The finances: -17k in high yield savings -10k in Treasury bond -18k in checking -10k in CD which matures in March -A couple thousand in euros saved up from monthly stipend The situation: Scared to invest because it’s overwhe…

Should I pay down mortgage or invest my savings? Hey everyone, Id love to get your thoughts on my financial situation. F, 30, Sydney – I have $105k sitting in my everyday account. I also have a mortgage with a balance of $520k at an interest rate of 6.1%. Right now, ive set up my account in a way that offsets some of the interest, so I’m only paying interest on $415k, which saves me ~$6,400 an…

Sell home and invest or keep? I bought a new home and currently have my old one up for sale. I would make around 100k in profit, on the flip side I could rent it and rent would cover the mortgage + 400 in profit a month. I’m not the biggest fan of the idea of being a landlord but will make it happen if its the smarter move. Napkin math 100,000/400/12 = 20 years not counting …

Pay off Mortgage or Invest in Stocks? So I just hit a $60k gambling win, and I’m torn on what to do with it. Should I throw it at my mortgage, invest it, or do something else entirely? Looking for advice. Here’s my situation: Liabilities: $150k left on my mortgage (3.2% fixed), no other debt Income: ~$75k/year Assets: $30k in savings, $50k in retirement accounts, and the house (wor…

Getting to invest for short term I recently came across a lot of money at least for me about 120k. I am financially illiterate and pretty scared to invest my own money I think I’ll just mess it up and lose it all. But I’m currently in a sort of transitional period in my life and I am going to want to buy a house in about 5 years time. But needless to say I don’t want that money…

LPT: Invest in quality clothes that last I used to buy cheap clothes all the time, thinking I was saving money. But over time, I realized that those clothes often wore out quickly, and I ended up spending more in the long run. Now, I focus on buying fewer but higher-quality items. They not only last longer, but they also look better, and I feel more confident wearing them. It’s a bit o…

How much money you spend from the potential you could invest? Totally hypothetical scenario. Let’s say you inherit 100K in some way. As cash, that would be enough for 5 years in your life. Or you could get a nice single-bedroom apartment with that amount. You also have a steady job that makes 20K a year. The base idea would be to put all that 100K in an investment plan. In 10 years that money could be ~220…

$30k bonus – How would you invest it for your child? Here are the parameters: $30k before taxes Kiddo is 3 years old Long term investment, I don’t want to have to fiddle with it too much Looking for max compound interest and appreciation The whole lump sum What would you do? submitted by /u/AmbitiousArtichoke65

Invest in my camera or upgrade? I just got back from a safari and I had the chance to use a canon r6 mark ii with a 100-500mm lens and a 400mm lens. I really enjoyed it so now I think l’d like to get into wildlife photography, landscape/ cityscape photography, sport photography, and sport videography. My parents have an old Sony a6000 that they said I could use and I think it …

How Should I Invest $8K Every 3 Months Until 2029? I’m looking for some advice on the best way to invest a unique financial windfall I’ll be receiving. Here’s my situation: I earn $100K annually from my job. Starting now until 2029, I’ll be receiving $8,000 every three months as part of an inheritance. I owe about $400K on my house (7.3% interest rate). Currently, I’m maxing out my IRA contrib…

Invest 20K- Thoughts on the portfolio? Hello, I’m (22) new to investing and I plan on being a long term hold investor, minimal effort. What would you recommend? Option1: Roth IRA ($14,000 Total 2024+2025): 40% VOO (Core U.S. Large-Cap Index) = $5,600 25% QQQM (Nasdaq 100) = $3,500 20% AVUV (Small-Cap Value) = $2,800 15% VXUS (International Developed) = $2,100 Brokerage Account (…

What do I invest in as an 18 year old? I’m 18 working a job right now that pays 30k/year. I am lost right now as to where to invest my money. I’m thinking about starting a Roth IRA, but I’m not sure where else I should be investing. Is there a specific percentage split of money I should be putting in to different investments? Thank you in advance for any answers. submitted by …

Help! Where to invest? Hey guys just need some guidance on where to put money to grow over time. I’m looking for compound and dividends interest investments. 36, just got a full time job but not sure if I’m staying for long term as I’m trying to get into an electrician apprenticeship. I didn’t sign up for 401K just yet… I have $100k in my HYSA and CDs but I would like…