Hi Tech Bros ...I wanted to know where are you guys investing your savings. I have around 60000 saved up (all in savings account) and would like to know some safe investment options. I am not into stock trading ( learning a little bit about it) and max out my 401k . I am on H1b here . Does this limit my investment opportunities? Just curious where you guys are putting your money. TC - 170k
Betterment TC 232k
Vanguard ETFs
I put my savings into a high yield savings account (marcus from goldman sachs) but there are others with higher %. Just make sure the account is a member of FDIC before transferring your money. Then you can invest in whatever you want, but whatever money in your savings account will still generate some extra money in the mean time
Your 401k is likely invested in a mutual fund which is a collection of stocks
Invest in a home
Vanguard target retirement for 401k, max that out. Then the rest goes into Wealthfront IRA and Taxable Investment Account. I have around 65k in investments so far then ~10k in savings.
Bitcoin is NOT a safe investment. If you are investing for long term/retirement, I'd suggest finding a brokerage and picking some low cost ETFs. But, don't dump all that money in now by itself because the market is quite frothy. Ideally, you would invest a similiar portion each month for dollar cost averaging. Or you can find a money market or bond fund, then wait to invest the 60k in equities when the market is in a more attractive spot. Feel free to reach out directly. I'm hoping to get into financial planning sometime down the road.
That's exactly what a beta investor would say while the chad investor makes 100x returns
I don't even know what chad investing is. Beta investing is the best option for ppl who don't want to actively manage
Wealthfront savings account.
3 fund portfolio, read up one boggleheads.
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