I have 23k in my checking account and 2k in my personal bank savings account I want to start investing where to start? Also probably will open a savings account with ally

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DCA the SPY (although it’s near all time highs... and in 6 weeks is when a lot of fiscal stimulus and preventions, such as evictions will end). Possibly look at hoarding gold and silver miners.

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r/wallstreetbets , you're welcome!

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I was in your position as well. I recommend Betterment. You can make an investing and savings account and it’s extremely easy to monitor with a great UI and automatic monthly deposits

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Also zero debt ( no student loans) and have been contributing to a 401k

How old are you, and similarly, how risk adverse are you?

23 and more on the risk averse side

Following!

Robinhood is beginner friendly. Start with indexes like the SPY, QQQ, VOO

Put 6 months of expenses in an emergency savings account. With the rest look through the above comments

1. Why so much in checking
2. If 1 is because it’s an emergency fund, then move it to a high yield savings account like Ally or Marcus
3. When do you need this “investment” money by? If it’s not until retirement then see 4 if it’s earlier see 6
4. Contribute to your 401k up until your companies max which they match
5. Max our your Roth IRA
6. Open a vanguard or fidelity account and start a 3 fund portfolio

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