Advice on low risk investment. I will be getting around $80,000 soon and am looking for advice on what to do with it. I don’t have the luxury to do any high-risk investing. We live paycheck to paycheck with a very small emergency fund that would cover one month’s expenses. We owe $110,000 on our mortgage but the interest rate is only 2%. The home would sell for $250,000+ We o…

Fianance/Investment help Hey guys, I’ve kind hit a bit of a ceiling financially I make 10k a month after taxes. I have no debt and I own my own house with no mortgage What are my options to grow my money as opposed to just spending and saving I do have a 457 and 401k Any tips or ideas would be great Thank you submitted by /u/Mesqueunreddit

I Need Investment Advice I’m looking for some advice. I turned 18 in January, since then I have been investing about 1500 every month from my work income into the s&p 500. However before turning 18 l had accumulated about 30k. While everyone says it’s about time in the market, I just feel the market is overvalued. Should I ignore this feeling and just invest in an etf o…

Investment Funds for Children Hi all! My daughter just turned 1, and my second is due this October. I’ve been slacking on starting investment accounts for both of them. Are there any options that aren’t only for education? I know about the 529 (not in great depth), but I wanted something that they could pull from for any type of reason: buying a car, down-payment on a house,…

Can a person have two investment accounts (personal and joint)? Hello. I am 41 and my wife wants us to get into investing to better prepare us for the future. I admittedly know nothing about investing nor have I ever done so before. At her urging, I picked up John C. Bogle’s book, ‘The Little Book of Common Sense Investing’ and am attempting to make sense of it (ADHD mind here ha). My first question is, I su…

23 YO. Soon to be married & living in NYC. Seeking investment/IRA advice. Like the title says, I am 23 years old and will be moving to NYC after marrying my partner of 8 years next month! After I graduated college in December, I’ve spent time at home saving up and doing my best to educate myself on finances, as I was never taught any sort of financial literacy growing up. Both my fiancé and I have wonderful parents wh…

Investment account for kids to “manage” Searched posts and couldn’t find exactly what I was looking for. I want to teach my kids about investing in a way that feels personal to them – they are used to hearing me talk about investments, the market, etc, but I want them to see their money grow and feel like they are a part of it. They are 9 and 12, so too young for the fidelity teen pla…

What about investment strategies for people on visa and planning to leave US in next 10 years? I have been reading financial instruments within the US and learned some things. Now that it makes sense to me to go this path as contributing 401k up to employer match (which does not apply to me) > HSA > Roth IRA. All of those make sense if you’re a US citizen and are sure you will be in the US when you’re age ~65. However, what about a person…

Does it make sense to make this investment? Hey all. I want to get started with investing, but don’t know bleep about it so this is gonna be a weird question that am not even exactly sure will make sense to y’all (cause I don’t know nohing): Does it make sense to pay a fudiciary $1,200 for a whole year so I can learn how to invest $5,000 (to start) into a taxable brokerage account, $7,000…

Partial Home Investment Question Sister in law is looking to buy a house. My wife and I told her we would help her buy a house by covering a portion of her mortgage for a % of ownership of the house. There’s a lot more details to finalize, but would this make this home my 2nd house? Would there be a weird tax situation for me? submitted by /u/whitefluffff

401k Investment Strategy My company uses Transamerica and auto enrolled me in portfolio express and ivested it in almost everything. From the limited research I did, the general consensous is to inveset in SP500 and stick to a “three fund portfolio”. I was interested in large-cap Vanguard FTSE and Brown Advisory because of some of the stocks they have but have and also …

Short term investment Hi everyone, I have 20k for short term investment, just looking for ideas on what to invest in for most possible profit regardless of risk I was thinking just buying 20k worth of bitcoin and leaving it sit there for a few months any alternative ideas would be greatly appreciated TIA submitted by /u/FamousDevelopment594

401k vs investment property My husband has been contributing 10% to his 401k for the past decade (very small company match), but tonight he brought up the idea of investing that money elsewhere. We have often talked about getting an investment property (either a vacation home or long term rental). What would be the pros and cons of stopping his 401k contributions for a few…

Investment books for beginners Hi, I’m 21 and interested in learning more about different investments and more about the stock market. Are there any books that you guys recommend for people just getting started? Just to get a better understanding of how things work? Thanks in advance submitted by /u/Ordinary-Push-3202

Investment Planning?? How does one go about finding an investment planner or financial advisor?? I feel totally lost. I’m a married 38f with a six figure job (def not what I bring home after California taxes) and have six figures in my 401k. I don’t know if I’m doing this retirement thing right and would really like to use a service but am confused on how to find one…

HELOC vs. Liquidate Stocks for investment property downpayment Good day all – 30 year old New England Lawyer. I was considering buying an investment property in an area of upstate New York where my family lives. This would be my second investment property for about 200k (I have since sold the first one). I’m wondering the best way to finance my down payment of about 60k including closing costs. My current…

$30k Investment for 4-6 Months I am planning to purchase a new car, which would require to be built from the manufacturer. Lead time is 4-6 months. I have the cash available, the value of the car approximately $30k and plan to pay in “cash” for this vehicle upon delivery. Paying cash will not substantially affect my savings account and I would rather not pay interest unnecess…

Should I sell my $20k investment portfolio & pay 0% tax liability? My wife & I are looking to purchase a home in the spring of 2024. I recently bought a new (used) car for about $14k which took a bite into our down payment/closing costs budget. It was an unexpected purchase and I really didn’t wanna buy a beater so decided to get something nice and reliable. Anyway, that doesn’t matter. Our 2023 taxable income…

2-Year Investment Plan Mitigating Risk but Maximizing Returns I have a question for the group as I face an upcoming financial decision. I’m planning to sell my house in January 2024 and sign a lease through January 2026. I’d like to position myself to either buy in early 2026 or continue renting depending on market conditions (interest rates, housing availability, etc.). When I sell my current house, I’ll …

LPT – Small investment – Big reward for you or your kids Having just one kid, a small one, or just think about your retirement funds. Buy today a gadget the has the world headlines, let’s say iPhone 15 Max Pro, store it untouched for 10-15 years. Sell it when time comes to the highest bidder. Just a reminder – iPhone 1 sold in 2023 for 190k. Of course is the first one to be released, but even so… …