Investing for child’s future We recently had a kid who’s about to turn 2, and time has been flying by. Since he was born, we’ve been saving $600/month into his account, but we’ve been procrastinating on opening an investment account for him. Now we’re finally ready and want to make the money grow with compound interest over time. We’re not sure yet if it’ll be used for coll…

Investing in a Brokerage vs Roth IRA I am self employed, so no matching retirement accounts. I have a brokerage, Roth and Traditional IRAs, and a Traditional SEP IRA. In early 2024 I sold some of my brokerage to help with a house downpayment. It resulted in about $17,000 mostly long term capital gain. Our taxable income should be around $55k so we won’t owe any long term capital ga…

New to investing and wanted to hear some thoughts on how I should set up a Roth IRA I am new to investing and wanted to get some advice on how to set up my Roth IRA. After doing some research I am thinking about investing it into VOO AVUV and AVDV at 70-20-10 splits. I would like to know if this would be a good investment over the next 30-35 years and if I should tweak my splits? All advice would be helpful. Thank you submi…

Pay off car vs investing. Bought a 2019 Nissan Sentra 3 years ago when I was dead broke but my other car died. Refinanced it and now owe 9k with a 4.5% interest rate. Monthly payment is $218. This past year I’ve been putting $1500 towards retirement accounts and a joint account for a rental property. Question is should I just hold off on everything but the ira and aggres…

Am I too late to start investing? 30m born and raised in HCOL city and got my first decent paying job this year ($75k/y). No debt, no savings, no investments. I want to start. Just don’t know where/how. Seems like everyone is already invested in various markets and I feel overwhelmed like I missed the boat. What can I do? Monthly income after taxes: $4,600 Rent, wifi, utilities…

my 65 year old mom needs help on investing. TDLR: She has no savings at all and does generate about $3000 a month. She is a health freak and is actually pretty healthy for her age so she wants to continue to work till she is 75 years old if the universe allows. She has brought up to me that she wanted to invest in the stock market but I’m not quite sure how to help her invest. How should …

Is investing $20 a week into VOO ok? Hi Reddit, is investing $20 a week into VOO and leaving it like that for 30 years worth it? I know $20 is a small sum and I hope to increase it when I earn more but it’s honestly all I can put into it besides my high yield savings account. I feel like I’m staggering behind compared to everyone I know who already have so much in their accounts w…

What am I doing wrong with investing? It won’t let me post the pic but my ETF for 5K says VOO. I have another 2500 that I added to the vanguard acct, should I also select VOO? Or is something else better given I already have 5kVOO (and will add more every month). New to this so appreciate any guidance. submitted by /u/Mother-Huckleberry99

Investing in VFIAX vs. VTSAX I currently have 43 and a bit shares in VFIAX, but was told some time ago that this fund does not include the total US market. What are the pros and cons of one versus the other? Should I swap my investment over to VTSAX? All advice and input is welcome and appreciated. submitted by /u/Delnilas

Payoff mortgage or keep investing Hello, i have a 15 year mortage with fixed interes rates at 2.5%. I already paid half of it and are in a good financial position, soo my mortage isnt a problem to me. I have about 20k€ invested in VWCE ETF and 30k€ in personal savings account with the plan to invest 20k€ of that. My question, Should i pay off my mortage as soon as possible with …

Trying to decide on an investing strategy Hi everyone. I’m 29 years old and finally landed my first full time job as a software engineer a couple months ago. My base salary is $145k per year with $50k in stocks and a 15 percent bonus (around $20k per year). Usually people at my company get promotion and a raise of about $50k every 2 or 3 years. Currently I’m maxing out my 401k and purc…

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…

Investing in the s&p500 etf from Dubai. I am Canadian but I live and work in Dubai. Can I invest in the s&p through a brokerage account like Charles Schwab and not have to pay taxes on my returns ? Pls help submitted by /u/SquashObjective4819

Should I Stop Robo Investing for my Roth IRA? I’ve had my Roth IRA setup for a few years now with the Robo Investing option from Schwab. Is this a smart way to grow my money? I feel like I should just be putting all of the money into one or two specific index funds instead of all of the seemingly random funds and options that they are currently investing in. I’m honestly not sure, i’m new t…

New to investing, need guidance? I am new to investing and would like to start having a portfolio, however I am lost as to where to start and what to start with? I am trying to educate myself on stocks and dividend paying stocks, but again always get cold feet and not sure if I am taking the right steps. Would appreciate advice and suggestions please. submitted by /u/Mi…

Is this ESPP worth investing? Below are the details. We have a comfortable emergency fund and while not at all wealthy, are not hurting for money at this time. I am currently already contributing 14% to my 401k: “Earlier this year, our IPO provided the roadmap to offer our employees direct access to an ownership opportunity unique to public companies at a competitive discoun…

Starting My Financial Journey: Seeking Tips on Investing and Strategy at 23 I just started my career and want to make great financial decisions from the jump. I’m 23 and want to harness the power of compound interest while I can. Let me give you a run down of what I’m working with so far. I keep about one months worth of cash in my checking account. All expenses go on my credit card and I pay them off in full at the end…

What do I do next? Investing I’m 23. I currently work full time for $23/hr & have an on call job for $24/hr. I live at home rent free & have a Toyota Camry that I paid cash for. I have a discover credit card. & just got a navy federal cash rewards card & a pledge loan. My credit score took a hit after getting both of those so I’m low 700s now. What should I do next? I know…

Continue Investing with Possible Job Loss Happening There are signs that my husband is being pushed out of his position so possibly laid off, fired or they will continue to make his life miserable and keep him. How do we prepare for this uncertainty? It might or might not happen. We probably won’t be comfortable until he finds a new position though. Should I stop investing until he finds a new j…

Where to head next – Investing Hey guys, a little background – 30m working Soon to be married mid next year and looking for some additional advice on changing up my strategy. Current we are renting at a great rate (LCOL 2br/2ba with garage at $1200/month). Over the past few years my plan was to build a house and had geared my savings for the cash on hand required to fund it …