Besides investing in stocks, how can I maximize my savings while on a visa? Happy to consider suggestions. New to usa and nyc on the whole. PlAnning to get married next year. Just want to be at a good place financially. No debts as yet.

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Honestly kinda hard but I’ll follow this post and see what others have to suggest.

Treasury i savings bonds, NRI account.

Options will vary based on your investment horizon and risk appetite.

Short term (1-2 yrs) and low risk: Treasury bonds are good.

Short term and super high risk: Bitcoin and Etherium are an option - you could lose most of your money with this, so when I say super high risk, I mean super high risk.

Long term (10+ years) and low risk: Dollar cost averaging with an S&P 500 index fund like FXAIX, VFIAX etc.

Long term and moderate risk: Dollar cost averaging with a Nasdaq index fund like QQQM.

Long term and high risk: Dollar cost averaging with a growth fund like TBCIX.

You can also invest in real estate but you’ll need a higher starting fund for that. I do not recommend REITs. They neither give you the benefits of owing real estate (leverage powered growth), nor do they give you the returns of a good index fund. Pointless for young people who are not looking for monthly income.

Good luck!

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