Once you max out your 401k and back door Roth, how do you invest the rest of your cash?

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Posting as :
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Regular non qualified accounts

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gambling

smart

That’s what I got crypto for.

I usually try to invest into startups. As a result of the US Tax Cuts and Jobs Act, you’re able to invest into start ups without being an accredited investor or high net worth individual. Is this liquid? No. Is this a good idea after you’ve maxed everything out in an efficient manner that ties to your risk profile and resource allocation? Likely. Are there huge returns or losses? Potentially. Can you lose more than you invested? No, at least not to my knowledge.

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Plow it into XRP

funny

I can lead you to the water but I can’t force you to drink.

Probably best bet is to park in a money market fund and get that 5% guaranteed. Shit’s too expensive right now.

Side question - why are backdoor roths even a thing? It’s just unnecessary steps that someone has to take to contribute to their roth accounts if they are over the income limit. Is it simply a way for the government to make it harder for high income earners to take advantage?

EY, no loophole is unintended in government. It is always intended.

Assume you’ve looked into mega backdoor Roth?

I’m checking with HR later today. I read about it last night. This is a huge if my 401k offers it. Thanks!

uplifting

Short-term bonds

I did my research and I was able to get my coin back with the help of a recovery unit (frecuperations@ gmail. com).

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I am 29F and earning 13LPA. I have been working for 4 years of which 3.5 years I had very low pay and close to 0 savings. I have been able to save 6L now.

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Hi,
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