I’m 26 and have 150k in savings and 35k in robinhood (bought individual stocks) Any recommendations on how to invest my savings? And how much shall I keep in my savings? TC: 160k 2yeo
Buy TSLA
Yes !!! I am trying to pool money to buy Tsla
Invest in SFH.
Yes. Rental property. Leverage your money.
Be aware that all depend on your financial goals. If you are going to buy a house and those savings are downpayment then substract it and do it. If this is longterm inv money, then as suggested index funds is a good way to go. However, if you feel you can beat the market try stock picking (very hard).
As a little add to the comment, remember to keep an emergency fund in a liquid place (high yield savings) ideally 3 to 6 months of your expenses.
How did you save 150k in 2 yr? Inherited some? No student loan?
Yea sounds fishy or saved 50% of TC
Living at parents home and no student loans plus had internships throughout college
TQQQ
For long term, Index funds or robo investors like betterment. Alternatively, you cannot go wrong with investing in real estate at high growth tech areas like Bay Area or Seattle.
Imo it’s worth getting a financial advisor once you pass 100K NW. they can answer this question in a way that’s best tailored to you
Don't invest it all at once; put 10k per month into index funds over the next 10 months. You might miss out on some short-term gains, but you'll be protected against a crash. Who knows what the market will do in this election year.
Start safe, read Graham's Intelligent Investor to understad the basic concepts. If you don't want to actively manage your investment one of the safest things is to implement the defensive investor strategy from Graham. Once you understand the basics, you should take a look at the numerous investment strategies online from well known financial managers. Before settling be sure to backtest them, to see if you can live with the volatility of the chosen strategy.
Index funds? VOO? VTI? VXUS? Look up the 3 fund portfolio idea too.