Hi everyone,
I'm 45, recently moved to US with my spouse. Bought an apartment and are found a job getting about 25 000 a year. No debt, own a car and have about ~80 000$. I'm maxing the employer matching and contributing 10% to the 401k. I'm trying to build up my credit score and trying to maximize the benefits from my cards(currently have the Discover card and the bofa cash back rewards) I'm hoping to get a job in the tech field and my spouse is also looking for employment right now. I don't foresee any big expenses in the direct future.
I'm currently keeping almost all my finances in online savings account at 2% APY. I was looking into investing money for longer term, should I be considering CDs or going for index funds like SP 500? I want to be reasonable with my investments and don't want to keep this much money at a savings account(probably want to keep around 30k in the online savings).
Appreciate your advice
Submitted December 20, 2018 at 08:27PM by smart_lama http://bit.ly/2T35nhQ
