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Hi Fishes, How much money can we keep in our salary account? I have only 1 bank account which is salary account. I have created RD account in that only. So wanted to know what's the maximum amount we need to keep in salary account? And all the amount in our salary account is taxable? Accenture Tata Consultancy Infosys Cognizant Wipro Amazon Amdocs Yahoo Capgemini Citi
Any loan facility available in BOA
Any thoughts on why ETH is fluctuating so much?
Guggenheim healthcare reputation?
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My company matches 3%. Is that low or on par?
HYSA anyone recommends?
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Open a brokerage account in a reputable platform (Vanguard, Schwab, Fidelity) and boglehead three fund portfolio ( https://www.bogleheads.org/wiki/Three-fund_portfolio) you don't need to know a lot to make a return. Once you feel comfortable, you can branch out to other ETFs and individual stocks you believe in.
Do you have a safe emergency fund with 6 months of expenses somewhere safe like a Hysa? Do that first. Do you have any large expenses, like buying a house in the near term? If so that should be kept safe also. Can you contribute to an HSA. So that next if you can. Do you have a Roth IRA? Do that next. Once you have filled your tax advantaged accounts, open a brokerage account. I like fidelity but there are a lot of good options.
If you want to invest in equity in your brokerage account, I suggest something easy like ITOT or VTI
If you don’t have interest to learn a lot about it, I think the best advice is to get an emergency fund of cash in a savings account that you feel comfortable with, and then set up recurring investments in 3-4 ETF and/or well-managed mutual funds on a weekly or monthly basis and then forget about it and let compound interest do its thing
I went with TD Ameritrade for my first foray into investments because they have a TON of free educational resources included on the platform. They also just have a nice platform, reasonable fees and it will grow with you.
I’m in the same boat! Following
What about putting some into government bonds?
Probably not the best time for that if rates are going to go up. Who knows though
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