Where is everybody putting their money right now?

I am already close to maxing my 401K, maxed my IRA, and purchased $10k in I-Bond. The remainder of my investing goes into a taxable brokerage account.

Anything else out there I should be considering in this terrible market? I know the I-Bond is the only thing that’s going to make money this year. 😔

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When do you need the money? If not soon, isn’t this terrible market a good thing for you? If you need it soon, it should not be invested and kept safe

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Agree with EY1. I started saving for down payment in a savings account even though interest rates have been so low in the last 2 years. I knew I was going to buy a house regardless of how crazy the housing price was going to be in the next several years since I’m buying a house out of necessity and plan to live there for a minimum of 7 years. If you know for sure you are buying a house in 2-3, start saving in a CD or savings account, and slowly sell your stocks at a gain whenever you see a jump in stock price. Your timeline for buying a house might need to be adjusted depending on the market trend as I imagine you don’t want to sell stocks at a loss.

HSA, 529 plan if you have kids or will have kids in future

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If your plan is eligible for an HSA that’s a good above the line deduction but minimal compared to other investments. For your down payment I would honestly consider a HYSA or a CD or something because market might be rocky for a bit

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Hsa is great but not for down payment funds

Max an HSA, invest the funds, and don’t touch it until retirement.

Does your company/law firm allow for mega back door Roth conversions? If so you can look into this

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Where is everybody putting their money right now?

I am already close to maxing my 401K, maxed my IRA, and purchased $10k in I-Bond. The remainder of my investing goes into a taxable brokerage account.

Anything else out there I should be considering in this terrible market? I know the I-Bond is the only thing that’s going to make money this year. 😔

like

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As a 20+ year lawyer with no big law experience (smaller and mid size firms plus government and in house experience), would a BigLaw firm even consider me? Perhaps an of counsel position? Even a senior associate?

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Used savings to pay for business school, so now that I graduated I’m rebuilding my emergency savings. Do I both save and invest in Roth each month (in addition to 401(k) contributions) or do I put everything back in HYSA?

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Can I get some real helpful guidance here?

Current finances:
-75k in the market (VTI,QQQ, ETFs and stocks)
-20k in Emergency find /Cash
-30k in Roth(maxing since 2019)
-60k in 401k (maxing since 2019

I don’t got much money expenses and wanted to know where to put my money during this market for the next couple months. Is it smart to DCA? Put limit orders in? Just hold cash?

Additional info:
-minimal rent / expenses (~1000/mo)
- started HSA this year
-130k, 3 YOE
- no debt

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My rent is increasing about 10% and the parking is going up even higher. Lease is up in October. Is it too late to look into condos or coops? It’d be right around the same price

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Does anyone put money into CDs anymore?

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SCARED MONEY DONT MAKE MONEY. BUY NOK 🚀🚀🚀🚀🚀

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