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