Hi all,
Quick briefing; 31 year old male interested in a long term stock market and retirement investment portfolio.
Currently, I have an IRA I maximally contribute to every year and a small pension through my union.
I’m wondering what other options I should consider to park some of my roughly $75k in savings.
I’ve considered a Roth IRA bc although I made over 125k last year, I don’t predict I will make >125k for the next two years. I do, however, belief there is a strong possibility I will be making more than 125k within the next 3-5 years, so I am wondering if a Roth IRA is a good vehicle to contribute towards this year.
I’m also looking into investing 10-15k in low fee ETFs and index funds (this year), which I plan to let sit for years with a moderate risk tolerance; but I’m worried about the current market volatility and the slowing economy..
Any help with investment vehicle options, like bonds or high yet savings for example, is greatly appreciated!
Thanks
Submitted March 25, 2019 at 12:37PM by calishuffle https://ift.tt/2UcL3if
