{ "media_type": "text", "post_content": "Need advice on what to do with my money as a 24 y/o making 100K in HCOL. Should I passively invest and how/where should I invest it to maximize returns without too much risk. My stats are: \n-20K in HYSA\n-25K in a regular checking account, 15K of which is for a 6-8 month emergency fund\n-2K in 401K (new company does not match, but I recently upped my contribution to 12%)", "post_id": "5f1478861a5428001a2da113", "reply_count": 14, "vote_count": 1, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

Need advice on what to do with my money as a 24 y/o making 100K in HCOL. Should I passively invest and how/where should I invest it to maximize returns without too much risk. My stats are: -20K in HYSA -25K in a regular checking account, 15K of which is for a 6-8 month emergency fund -2K in 401K (new company does not match, but I recently upped my contribution to 12%)

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Why do you have so much more in your HSA than 401k?

If taxes are your biggest reason for not trading, I don’t think you should be offering this advice. 80% vs negative YTD for the market is a much bigger difference regardless of taxes. The risk/effort/knowledge required for trading is a much bigger factor.

What's your monthly burn? Have debt obligations?

Why do you seemingly have 2 emergency funds (hysa as the second). Or is that part of where you wanna move money

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