So I have a 401k with my employer with a 100% match of 4% and 50% match of the next two percent. I have $6000 into my roth IRA that I contributed 2 years ago and haven't touched since. I paid off my student loans before any interest kicked in and I have a taxable stock market account worth around $10,000.
Recent College Graduate
21 years old
Pre-tax income: $72,000
I received a grossed up bonus of $4000. I have no idea if that matters.
My only expense is a 2.5% interest rate on a car I just bought. Minimum payment is 600/month.
Any and all advice is welcome.
Any advice on what I should be contributing to personal savings would also be welcome.
Edit: I live at home. So the car is literally my own expense. I don't want to over contribute however, I want to build my personal savings for purchasing a home in the somewhat near future.
2nd Edit: I just want as much advice as possible regarding my investments now. My early investments, while worked excellent on paper, lead me to having virtually no liquid capital to pay for normal expenses. I had to prematurely sell some of my investments that I intended to be long term because I needed the liquid. Just trying to avoid that mistake again.
3rd edit: I come from a poor background so my only resources have been reddit over the years. And being super frugal with my daily life.
Submitted July 07, 2022 at 09:24PM by RiskyEXP https://ift.tt/ivGA5Rd
