I got really lucky when 2 years ago the industry i work in decided to give me a 65k salary raise to prevent unionization of management. i was making about 100k but got boosted to 165k over night. i am trying to figure out how i should best invest the extra $$ which is about 40k a year after taxes. the last two years ive just been putting it in my no-risk investment savings account making 1.5% returns ( ive been doing this with the idea that the market would tank in the near future and i would have available cash to get in when its low). market has not tanked and i have a good amount to invest. should i go for stocks, mutual funds, property, or keep doing what im doing?? my current financials::::: -32 year old (in LA) -senior operations manager (9 yoe) -base salary: 170k -avg bonus: 15k -$ saved in investments: 150k -equity: 120k (home i live in) -401k: 165k total net worth: 450k thank you in advance for any direction...
Vanguard mutual funds and etfs ❤️
This!
Definitely this. But put at least some into a high yield savings account as well. Always good to have ample financial reserves 😎
Market will tank soon
How do you know
Nothing big to analyze when its in every other news these days
Read The Simple Path to Wealth
I really enjoyed reading it
Hookers n blow
Sad you waste your time on the internet to write this. Very sad
Not sad at all. It's funny. Like this guy on the news https://youtu.be/btAbU1sPqIM
Definitely worst idea I’ve heard yet for financials
r/financialindependance
buy some farmable land in central CA, grow some avocados b/c the ones LA markets we get from mexico suck. be the hero we need.
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If you're looking to spend the money in the near future then put it in. Wealthfront or betterment savings account. Otherwise continue to invest in index funds