Guys, just wanted to see how folks are managing their monthly savings. Say you have 5-20k each month after all your expanses and retirement plan contributions, what do you do with it? Obviously most would go for some sort of investments, but how do you go about it? I have been trying to self manage with few standard etf based portfolio but its in red with recent market selloff, looking to amend my strategy. Would be great if some of you could share your success or failure stories.
TC and YEO or GTFO :)
5-20k after expenses? What the fuck.
I personally enrolled in a masters program and paying it out of pocket because it was hard for me save so self investment kinda thing
why wouldn't etfs be red in a bear market?
I buy more when it’s red. I don’t care if I am immediately losing money, I won’t be touching my portfolio for another 40 years. TC: 150k
Invest just like you are doing.. market will go up and down, but in the long run you should be okay
Put everything into VTI on my IBKR account. Stock market dropping means you can buy VTI with a discount. If it keeps dropping to 0, your savings will probably be the least of your concerns anyway.
If you don't like volatility keep the core of portfolio in large cap stocks. Mine is ETN MA QCOM and GOOG.. I would like to add ABBV when I get the cash
I use a roboadvisor through Fidelity
What about Marcus?
I put 15% in an investment account run by a Merrill lynch, they mostly invest in foreign accounts Max out back door Roth IRA 10% in crypto accounts Make sure savings account has 3 months Max out 401k
is that Merrill guided investing, sort of robo advisor?
What’s your TC and YoE?