Should my Roth IRA be invested in the same TDF as my 401k? Or should I invest it in a different TDF? I’ve been doing some research and chatting with people on Reddit and IRL and I’ve decided it’s best for me to just stick with investing in TDFs for retirement. Right now my 401k through work (a profit sharing plan style 401k with a fixed contribution and the option to contribute more) is invested entirely into American Funds Target Date 2045, RF…

Pay off mortgage or invest extra cash? 35M, 36F, 2 kids in elementary school. $55k in savings, $70k in RSUs, $580k in 401k, $60k in college fund. Household Income = $230k, cars paid off, no debt except mortgage. We owe $169k, house is worth $500k. The debt is at 2.19% with 12 years remaining. Should I pay this off? Kids are no longer in daycare so we have an extra $4-5k/month I need …

How do I invest for shorter term wealth? Right now, everything I invest is retirement. All of my current investments go into Roth accounts which I cannot access until 65. What is an investment strategy for shorter term wealth gain that I can tap into at any age for things like travel or just increased quality of life? I’ve heard of people who invest hardcore for 10 years and are living off of it by 30. Are they using dividend stoc…

Where do I invest an insurance settlement? Good morning everyone, Long story short, my attorney and I are currently in the final stages of negotiations with an insurance company. After the attorney’s 33% cut, I’m looking at around $2-300,000. My continued care will probably cost around $1,000 to $2,000 a year, but what do I do with the rest of the money? I want to invest it somewhere, bu…

How did you learn to invest? Where did you learn investing or making financial decisions. No one in my life took the time to show me what to do. I have had a savings account which I am thankful for my family telling me to do. I’m just curious do most people learn this in school or is it a think over time hearing on the news or about the stock market. I feel I’ve been out of…

I have $25k to invest what should I do? Hi, I will start by giving some context. I’m 23 years old, living with my parents in Puerto Rico, and earning around $60k per year. My expenses are quite low, and I’ve saved a significant amount in a HYSA that I want to invest. I have $15k set aside as an emergency fund and for additional expenses. I do plan on staying in PR until I finish my ma…

Which products should one invest in and which products are okay to buy at drugstores? Hi! I am new to make up and in the process of building a make up kit for myself. Figured that I should get quality stuff so that it gives me a better chance of getting a nice output (as a beginner), and made the first purchase of a lipstick – Smashbox Be Legendary Prime & Plush. A friend said that it’s too much for a lipstick, and brands like Ma…

Graduating soon with $20k to invest Hey all, im 21 years old and graduating college next spring. At the moment my monthly expenses are extremely low. After graduation I will be making about 120k salary and saving is not hard for me as I am very frugal. I currently have about $20k just sitting in a HYSA that im prepared to begin investing with. My current plan is to open a ROTH IRA…

How to learn to invest in stocks as a beginner? Hi everyone! I’m 19 and currently studying a tech-related degree in a pretty good uni. I’ll be starting my first job next year, and I recently dipped my toes into the stock market – about two months ago, actually. So far, I’m up by about 15%, but it feels like I just got lucky rather than making informed decisions. I’d love some advice on how to…

I want to start investing, what should I invest in? I’m a broke college student (18F). I have a discover IT credit card and have a pretty good credit history with no missed payments and etc. I want to start investing slowly since I don’t have a lot of money, I’ll go home sometime and make a couple of hundred bucks from doing lashes and I’ll live off of that until I go back home. I’m not sure if t…

Should I invest in a Roth IRA? (Details below) I am 24 years old and make $75,000. I currently contribute to my company’s 401k plan with every paycheck, but my employer doesn’t match at all which kind of sucks. I am in no student debt and drive a fully paid off car, so I don’t have many expenses outside of rent, food, and fun stuff. I have about $31k in a HYSA that receives around 4.5% inter…

Moving to Japan 5+ years from now: most efficient way to invest in housing? My husband and I want to move back to Japan either part or full time for retirement or maybe as part of a coastfire situation. We are 35/40, currently based in US with liquid assets around $400k and non-liquid that we could borrow against but prefer not to sell around $1M (retirement / primary residence, etc). We don’t find it likely that we wou…

Beginner trying to invest in stocks I’ve never invested in the stock market before. I was told to start off purchasing ETFs or index funds as they’re low risk. What I’m trying to get is a decent return on a short term investment. My bank was giving me a decent interest rate on my savings account but now they’ve been slowly lowering my rates. I had planned to use my savings for so…

How to invest my HSA So for a while I’ve known I can invest my HSA, but I’m not entirely sure how? I contribute pre-tax through my employer, but I don’t see an option to invest. I’m assuming I need to transfer it to my normal brokers like Fidelity or Schwab, but can someone please explain the process? If I transfer the balance to a new HSA account and invest it, do …

How do i invest my saved up money? Hello, everyone! I’ve been saving up for a while now, but I don’t really want to spend it—I want to grow it. I’m still a high school student, but I already want to be financially responsible, especially since I’m growing up in a low-income household. I’ve figured out that I want to invest my money in stocks and similar things, but I really don’t…

What’s the best way save, manage and invest my money? Hi all First time posting here. I am looking for some advice on the best way to save, manage and invest my money. I am incredibly frugal – I very rarely spend money on things other than necessities. The only luxuries I spend money on is a meal deal for lunch, a gym membership, a holiday once a year and a haircut every 4 weeks and that’s it. I ha…

Convert Rollover IRA to Roth and pay taxes OR invest that money? My wife has both a Rollover and Roth IRA and we’re wondering if she should convert her Rollover to Roth. She currently has 124k in Rollover, 19k in Roth and plans to continue maxing out the Roth. Fidelity’s Roth IRA conversion calculator estimates that we would have to pay ~36k in taxes if we convert the entire Rollover, which would eat up most …

How to invest savings every year ? Hello, will be debt free by December 2025, I will have 10,000 dollars in savings and a net income of approx 56000 after bills, what should I do with this money ? I want to retire in my low cost of living area in 7 years. I have a pension, it’s 29000 a year, this is factored into the net income portion above. submitted by /u/Hrissker

Advice invest or pay off Hello I have 140k saved up in a HYSA have no debt , and owe 150k on mortgage should I pay off the house by January 2025 or invest it better? submitted by /u/Alarmed_Fee_2265

How much to invest for house? Hello fellow financers–I am saving for a house. Right now my outlook has been to keep a fully funded emergency savings, and invest my “extra” money. I want to buy a house (ideally) in 5 years. What’s the thought process you guys have for this? Should I put more in a HYSA vs investing? submitted by /u/okaycrumpet