Have never invested outside of 401k. Think I may start being able to put ~$500 in the market each month. Where / how do I start?
Happy to provide more details about my situation if its helpful.

like
Posting as :
works at
You are currently posting as works at

1. Contribute to 401k up to employer match
2. Save 6 month emergency fund in HYSA
3. Contribute maximum to Roth IRA
4. Contribute max to HSA if you have a HDHP
5. Contribute maximum to 401k
6. Donate to charity
7. Treat yourself
8. Save cash for a big ticket item like car, vacation, down payment
9. Invest in taxable brokerage account like Fidelity or Vanguard (whoever you have your IRA with)

likehelpful

Great point! I think bc I’m an older SA (mid-30s), it contributes to feelings of being behind. But yes, you’re right, I will catch up quickly if I keep being fiscally responsible!

Do you make too.much for a Roth? If you don't that is 100% where you want to invest it. A vanguard target date fund or three fund portfolio is fine for what to put in that Roth.

Thanks so much- will look into this further

Buy index funds. If your investment recordkeeper allows it, automate it to debit your bank account.

VOO, VTI are pretty popular S&P indexes

like

Mutual funds are a great place to start. Could be index/passive or active funds. Just look into the fees and the performance of the funds and asset manager.

Thank you!

like

Fundraise is my recommendation

FundrIse?

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