New grad w/ ~75k to invest. Looking for advice.
Hi! I'm graduating this May and starting fultime at Google in August. I have around ~100k from internships and sign on bonus and want to invest around 75k of it for long term. I have no debt. I haven't really invested much other than basic 4-fund Vanguard portfolio. What advice would you give to a novice investor. Not talking about short term gains, but instead 20-40 years down the line. Thanks! #personalfinance #investments
PLTR calls
Keep your 4-fund portfolio
Just keep the 4 fund portfolio. For taxable account I recommend putting it all into VTSAX
1. 40% vanguard 2. 40% ark invest funds(arkk, arkg, arkw etc) 3. 9% leveraged funds(tecl, tqqq, nrgu etc) 4. 1% crypto 3 and 4 have huge risks/rewards, adjust your percentage based on your risk tolerance level.
What brokerage/app would you recommend for this? I was thinking of using M1 finance for my etf portflio and then using Robinhood for my individual stocks/risk accounts. Is that a good way to go or would you recommend something different?
Charles schwab
Invest in stocks that give dividend. Let the dividend invest itself. Vanguard is good for a first time investor but do it incrementally. Dont put all your 75k at once. Learn to time the market. For index funds, create a SIP for $1000/month preferably in a separate brokerage which you dont see for next 5 years. Buy “safe” shares in that brokerage like Microsoft which eventually will grow but at a lesser rate. Get another account (Robinhood) to play a bit aggressively. Buy TSLA, PLTR and other highly volatile stocks which you can track in your day to day life. Buy some FMGA stocks and diversify
Microsoft is not a “safe share”. Index funds are the closest to safe shares. Also did you never learn personal finance 101? Don’t try to time the market
“Learn to time the market” studies show that using that method you’ll always lose.. “time in the market beats timing the market”
Do online research about different types of investments (ETF, leveraged funds, crypto, stocks, etc) before deciding what to buy. Only you know your own risk tolerance. Learn how to swim before diving in
$VOO, $VOOG, $VIG, $VGT
Just keep putting it in those funds. Maybe take 20k and pick some stocks you think will perform well over the next 10 years.