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Someone is retiring. 💎🖐✌️🚀

Looking for Full Stack dev Opportunities at TCS.
When will in-person dating resume?
Any expedience with duffl?
Additional Posts in Personal Investment Chatter
Anyone used Merill edge guided investing?
Finally, eligible to buy T$LA 😁

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Get over your recession fears. Your investment horizon is so so so long. I’m 100% equities, 0% fixed income. Even if there was a market correction in the short term, your best bet is a healthy mix of ETFs (primarily American, but emerging markets as well).
I have a Roth IRA and brokerage account at vanguard. I throw all my money into VTSAX and VTIAX basically. Most of it in VTSAX but like 25% in VTIAX for some international diversification
Haha OP I remember I was in the same situation as you. Assuming no student loans as well? What are you afraid of? Keep investing and live below your means. If a recession comes then get excited and buy more. You are so young with a managing consulting job at Strategy &. Don’t be afraid as you can handle anything. Best of luck OP! As others of stated read intelligent investor! Currently 3 years out of undergrad and a few rental properties. Only wish I was aggressive earlier on!
How are you 3 years out of ug with 3 rental properties? Which city do you live in & how much were your down payments?
Damn 100k+ out of UG? How lol?
He said total comp, not base salary. MBB and a couple other strategy firms are approaching these numbers easily out of UG now. He works at S& so makes sense. Alternative to get 100+k out of UG is comp sci or data science
Don’t be emotional and Read Intelligent Investor
My only “big” expenses are rent+utilities ($1300/mo), food ($500). Let’s call it like $2000-2500/month.
TC is $100-110k, take home after deductions is pretty tragic - like $5-5.5k/mo?
Ideally want to put myself in a position to be FIRE (financial independence, retire early) ASAP.
Boy how do you have 25k saved up right out of college
/being a hater. Strategy & Op you seem pretty smart. I’m sure you’ll invest wisely. Look into real estate too
Transfer it to a high yield savings, buy in when recession actually happens.
Put your emergency fund in a high yield savings account and lower the amount you keep in checking. Invest the rest.
6 months expenses, not salary. HYSAs are super liquid. You can withdraw same day as cash if paired with a checking account at the same bank.
As I’m maxed out on 401 benefits, should I put more money into other accounts like Roth IRA?
Yes max your Roth IRA. If you’re over the income limit do the backdoor Roth IRA. google for some articles on how to execute this
Nothing. Keep doing what you’re doing. You have a nice, long time horizon ahead of you.
If you truly think equities are going to be flat or down check out bank bonuses at Doctor of Credit. You might be able to get a few hundred $ over just stashing in a 2.2% HY savings account, maybe significantly more if you are willing to open a few bank accounts.
Pay your parents back for your college
I had scholarships to a cheapo state school
Hey OP, if you want to FIRE ASAP and have $25,000 I’d recommend buying a house hack. Buy a multi bedroom or multi unit home and get roommates to pay the mortgage and utilities. Eliminates the vast majority of your monthly rent expense, gets you the principle and possible appreciation as well. Could easily accelerate your path by $2000/mo.