Hello All,

I have around 75K in an HYSA earning 4.4% and have around 20k in a personal investment account, where I am targeting ETF’s that track the S&P500 (in my case FXAIX). My salary is currently around 75-80k however I do expect a promotion within the next year. I am looking at moving out potentially in the next 6-12 months, and have begun considering a career change that would require a decent amount of money in training, although I am unsure if that is the path I will take. I am currently dumping my money saved each paycheck into my investment account, around 1.5-4k monthly. My SO also has around 175k in assets split 80/20 between investments/HYSA.

(No Debt, and WFH currently, also owed around 7.5k by a trust-worthy 3rd party/contributing 15% pre-tax to my 401k as of right now.)

My question is, should I rebalance my assets by decreasing the amount I currently have in my HYSA and DCA’ing that into my investment account? I.E. lowering my HYSA to 50k and increasing my investment account to 40k?

24M have the below financial situation. I plan on investing 10% into 401k until I can pay off the student loans in about 3yrs. Should I just park the rest of my expendable income in a HYSA account? It seems like that’s not enough to maximize savings. Any help is appreciated!

Salary - 75K Student Loans - 42K Living expenses - ~2000 Savings - 4K

The title.

I’m curious what strategies people would use to maximize their future the best if they had a year of uninterrupted time, no bills, no need to buy food, no one to care for/look after, etc. Just a full 365 days, minimum time spent sleeping and eating/normal human activities.

What would you do?

Salary: 77.5k Debt: 0, unless you count credit cards technically but I pay them off, never paid interest.
Checking: 4k.
HYSA: 54k.
Roth IRA: 14k.
401k: 8k.

So some context. I was a dummy, didn't start saving for retirement until this year. Maxed out 2023 and 2024 Roth IRA, will have 401k maxed out for the year too with like $3,500 in matched contributions so about 40k thrown into retirement in a year and plan to throw another 7k to max out my Roth IRA for 2025 in January.

I would like to buy a home in the 160-200k range and am wondering if I'm in any financial position to do so. I feel like it's realistic with my savings, lack of debt, decent salary and lower cost of living

How much debt would you need to have /accumulate, to decide that the best option is to just restart and hope reincarnation exists ?

Context 27 yo F ( married), being in the US for 3 years, my husband 27M is american, we had been saving and we have under 70k, no debt and still renting, just discover the investment path, and we have a roth IRA with 6k ( opened 2 months ago), our combine income is around 120k a year but I stopped working to seek medical residency ( I am a doctor) entry.

What can we do to improve our finances? And what can we do to improve our retirement money? Where I came from we dont have 401k, IRA or anything related and nowadays that I've been informing ourselves we see the importance of having a nest for retirement.

I am 31 years old, work in tech in NYC. Up until age 27 I was horrible with money and barely had $10K to my name. I've doubled my income since then and changed my habits, so my financials look like the following:

• HYSA: $123,335.08
• Vested RSUs, kept in company stock: $12,827.22
  • I have over $250K in additional RSUs vesting over the next few years, before taxes
• Brokerage (all low cost ETFs): $20,245.89
• 401k: $66,675.64
• Roth IRA: $21,654.02 (Haven't done by 2024 contribution yet - waiting for a dip to do it)
• TOTAL: $244,737.85

I want to get to $500K or more by 35. I have about 3 years and 10 months to do so. What should I do? Am I on the right track? Should I set my sights higher?

Sorry if this isn’t allowed here . I’m in need of $60 & can’t find a page that will let me post , I’m willing to pay back Friday on Pay day

I have around 45k in USD that I've saved up in the past 5 years. I want to put the money in the bank to get compound interest instead of just having it around..

If I put it in the bank as USD, the rate is 3.75%.. if I exchange it to the national currency and deposit then the rate is 4.25%...

I don't know if I will stay in this country forever.. I might want to buy real estate in Europe at some point so I am thinking it might not be a good idea to exchange the money to local currency and then maybe later on having to exchange it again to EURO.

But with the rate difference being 3.75 and 4.25, I am not sure what would be the most economically sane thing to do?

I hope someone can chime in... I don't have anyone in my family who knows anything about economics further than just living month to month.

Thank you, and have a good day.

Woe to me and this rant.

I put 50k in the HYSA and now realized what I missed. House at 27 instead of 37? Opened a brokerage? Decided to find long-term work opportunities?

It is what it is. I'm young but baffled at how being money unconscious along with timing is just so bad.

It's all just a savings trickle and 37 is a hell of an age to come to terms with that.

Hello all! Looking for opinions on my current situation. I’m 25, work a salaried position making $6,200/month gross at a job I love in a VLCOL area. I currently have $23,000 in an emergency fund (HYSA), a few grand laying around for fun money and vacations, and a rental property for semi passive income. I bought a new truck in June of 2022 and financed with a decent rate of 4%. My current payment is $660/month and I have $36,000 remaining on the loan. This is my only debt besides my home mortgage (rental property is paid off in full). I have about $1,300/ month free to save/invest without bonuses from work OR rental money. Keep in mind my rental property is a Airbnb forest vacation property, so it’s not always guaranteed to book out, therefore I don’t count on it for anything. That is strictly my investing money. I REALLY want to pay off my truck and not have negative equity hanging over my head. Love the truck, it’s made my life so much more convenient and comfortable with all my traveling and hobbies, but I’m tired of paying on it and knowing that I am getting the bank rich.

If I pay it off, the goal would be to do so as soon as possible. Would using almost my whole emergency fund to pay it off be stupid? I would obviously keep a couple grand for a cushion, but I was considering saving enough for principal pay off and utilizing that money to do so… I would likely be able to do this by December. There are no early pay off penalties and I would save that money back in about 10 months or less.

TIA for any input :)

Anyone sign up under me gets a cut out of the promotion i need 4 people for this

Hi All. I (34M), single, live in a South American country and I'm dong pretty good for the local standards. I've been investing on and off but now I'm trying to finally come up with a plan.

So basically I can save 3200 USD (60% of my income) every month, and live quite comfortably with the remaining 40%. I do have 120K USD sitting in a Money Market account (4% annual), which I'm waiting to invest in a real estate opportunity that I'm looking for in Spain or a stock market crash, whatever happens first.

I do have 18K USD in stocks (not doing great since I basically yoloed some crypto and small cap companies without previous knowledge) and I'm paying an apartment which is under construction in a Caribbean island. My only debt is 70K USD with the construction company

I work 100% remotely so I don't really need to buy a house to live in the whole year. I consider myself a moderate risk investor and I'm kind of suspicious about the US economy in the medium long term, so I'd like to diversify into other economies, such as India

My plan is (in percentage of my net income):
9.4% Retirement Account (I'm looking at a conservative fund with Dominion Capital Strategies)
17.3% Caribbean apartment Downpayment (fixed for 2 years until the apartment is finished, where I'll need to decided if I want to get a mortgage, sell it or pay it with cash)
11,2% SP500
11,2% Individual stock pick
9,4% Money Market deposit

That equals the 60% of my income.

I'd really appreciate any input or recommendation. Thanks for your help and time

I’m creating a Roth IRA account with Wealthfront right now and it’s asking me what my annual income is. Is this based on my latest tax return? Or what I am making at this very moment. Because when I filed my taxes this year it was maybe $16-$20k due to a part time job and being mostly unemployed last year. But now starting in like February I started a full time job and am making $80k. So not sure if annual income is my current job that I haven’t filed taxes for or using what is on my latest tax return? I ask since I know how much you currently make seems important when you initially open a Roth IRA.

I work full time and have been for a little over a year now, I have $600 in a checking account, $3500 in a normal savings account, $ 3000 in SPDR S&P 500 on Robinhood, and about 9.2k in a 401k at work. I live with my parents and have virtually no expenses except gas, and car insurance.

Any advice you would go back and tell your 19 year old self?

Please lmk 👍

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Need a little help from this community on understanding what is best to do. As the title says I have about 11k in my first employers 401k sitting there with fidelity. Should I roll it over into an IRA with fidelity so I can keep adding to it? New to this whole investing and retirement thing. What are my best options with my other old retirement plan plus the one I am currently growing with my current job. Any help is much appreciated!

I have about 11K in investments- primarily VOO, some CAT and NSC. I have a fidelity kids account, about 3300 of that 11K is profit. Considering investing next in Berkshire. Any thoughts? I work for all of my $.

I’m the CEO of a multi trillion company, I make 1 billion dollars a day and i did this with just a laptop and Wi-Fi. And I achieved this all while being 6 years old. What’s stopping you from being this successful?

I live in Algeria. I work as a Mechanical Engineer and i make less than 200$ per month (i know it’s shocking but it’s the truth). I don’t need to show you how low it is. For people who have more experience than me what would you advise me?

And it's not only them, it's a lot of people who deal with these subjects, which leads me to the conclusion that this is a 100% unavoidable scenario, nothing can be done. The FED will try to prolong this as long as possible but in the end they predict that the inevitable will happen.

I would be grateful if you share general opinions on what will generally happen on the world economic stage if these scenarios come true and what should we invest in to protect my money? Is it commodities, bitcoin, gold, stocks, real estate? What would protect our money best in a prolonged stagflation?

Financially sound to buy a newer vehicle?

My wife works out of state and drives back and forth from home to work on a weekly basis. She was driving our honda insight to save on gas and I was driving the 2005 honda pilot to take the kids to school and haul stuff In the back. The transmission on the pilot blew up and now we have one vehicle. I am driving the insight now, and she is renting a car to drive to work and back.

Renting a car is not financially feasible and causing us to break even on a monthly basis. We intended it to be short term until we bought another vehicle le for me to drove at home, then she will start driving the insight to work again. She has a job lined up locally and she starts that job on June 8th.

I have 100k in my emergency fund account, and our IRAs are both maxed out this year, but now we live paycheck to paycheck do to some things.

I want to buy a 2022 honda passport using the emergency fund money, it'll be about 30k and I want to pay cash. New ones are aroundd 50k.

Is buying a used Passport a good idea, or is there a more reasonable alternative to an suv that size? I've noticed used vehicles are expensive so I don't really see a clear cut solution here.

My wife's new job starts out at $60/hr and she will get 401k match and benefits and bonuses.

Anybody have a good idea? Thanks.

hey fam,

I'm reaching out here in a bit of a tough spot, hoping to find some support and possibly a remote work opportunity. I'm a 21-year-old married guy who recently had to close down my company in Russia, leaving me in a bit of a financial bind. Right now, my family is graciously covering my university expenses and helping out with our basic needs, but I'm eager to regain my independence and support myself and my wife.

My wife has been an incredible source of support through this challenging time. Despite the distance between us, she's been holding strong alongside me, offering her encouragement and even helping me with our financial situation as best she can. I'm determined to make her proud and show her that she's married to a man who won't give up, no matter the obstacles.

I'm currently studying computer science, and I'm passionate about it. I believe in starting anew and building something from scratch. I've got a decent amount of experience with computers and various skills that could be useful in today's world.

I'm not looking for a big paycheck, just enough to sustain us while I finish my education. I can commit to working full-time remotely since I have plenty of time to dedicate to it alongside my studies. Working in my country isn't feasible right now due to the ongoing crisis, which sadly offers little financial stability.

What I offer in return is my dedication and motivation to excel in any task given to me. I'm determined to make a positive impact and prove my worth to any potential employer. If anyone out there has an opportunity or knows someone who might, I would be immensely grateful for the help.

Thanks for taking the time to read this, and I truly appreciate any support or advice you can offer. Let's make something great happen together!

Could someone please explain to me about HYSA's. I'm not comfortable not being able to talk to a person face to face and handing over my money. Do credit unions offer these? I'm terrified I'll give my money to a scam if it's only possible to do this online.

Im trying to learn and make cash to get my frst bike

All the options I tried won't let me open an account for no being a resident/citizen. Also, why big banks have so bad APY?

Last year I invested about 1.5k into some stocks and etfs, they haven't changed at all. I was looking into saving accounts, the highest I could find was 4%. Either ill put the majority of it into etfs or into the saving account, what are your suggestions. Im not too keen about gambling with stocks or crypto.