325k savings in 3years after grad school (16k in 401)TC 180

Amazon
WVjD67

Go to company page Amazon

WVjD67
Jul 16, 2020 43 Comments

humble brag. what to do with all this money?
186k in equity, 16in 401k , 120k cash roughly

to be clear : includes amazon vested + robinhood.

i am on h1 thats why i havent maxed 401

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TOP 43 Comments
  • Ancestry / Other
    OlTownRoad

    Go to company page Ancestry Other

    OlTownRoad
    Send it to Elon Musk and wait for 30 seconds.
    Jul 16, 2020 0
  • Netflix
    razorlab

    Go to company page Netflix

    razorlab
    Why 401k so low after 3 years? You should be putting at least max every year. Current IRS limit is 19.5k. Also, holding way too much savings, you need to invest the rest in Real estate and equity.
    Jul 16, 2020 4
  • Serious advice:
    In the future, 1) maximize pre-tax 401k contribution even if Amazon only matches little. 2) Leverage mega backdoor and backdoor to put as much money as possible into you Roth IRA and buy index funds. 3) reserve 6-month of living expenses and invest the rest in a taxable account. 4) Don’t buy lots of individual stocks unless you are sure you can beat the market. 5) Keep going with your high savings rate and you’ll retire early.
    Jul 16, 2020 0
  • Apple
    TrjD37

    Go to company page Apple

    TrjD37
    S&P 500
    Jul 16, 2020 10
    • Apple
      TrjD37

      Go to company page Apple

      TrjD37
      Again the average active fund manager underperforms the market. What makes you think that your technique of
      Studying the market is going to outperform the rest.

      Big tech is performing well but most if it’s share price performance has been multiple expansion not earnings growth. There’s no reason to believe
      The multiple
      Expansion will continue
      Jul 17, 2020
    • Netflix
      razorlab

      Go to company page Netflix

      razorlab
      I’m just using a big tech as an example. I don’t invest in faang anymore and agree the exponential growth won’t be there from here on out . These days, just a few picks in the ev, lithium mining and data center infra plays.
      Jul 17, 2020
  • Wow that extremely low 401k contribution...
    Jul 16, 2020 3