I just got a job that will be paying me 20k in bonuses just for signing on, as well as 33 shares of stock in their company. Right now, the only debt I have is from a starter loan that I owe 21k on, but has a 2.9% interest rate, and my car loan that is around 6% and I owe 15k on. Because I am still young, I was planning on not using this for either of those debts, since they are both very manageable and I want to increase the average length of time my accounts are open in my credit history.
I was thinking I would immediately invest around half of my bonus, around 10k. From there, I wasn't sure if I would dump that into my 401k that the company will match at 4%, open up a Roth ira, or build my own portfolio of medium risk stocks. In your guys opinions, what should I do?
Submitted August 18, 2017 at 08:33AM by notionalsoldier http://ift.tt/2uXq3fB
