Need help on how to invest 1k a year mid 20s USA
My job is getting direct deposit soon. So far I only have a credit and savings account with my university credit union. Now, I am opening a Costco citi bank credit card and will consider opening a new back where I now live for direct deposit (depending on what you all might advise me to do?) I am confused by all my options and overwhelmed by the pressure. thank you for reading this in advance.
I am a young person about 25, i spend about 1 grand a month at costco, and 200 a month on amazon. I also want to invest 1 grand a month through TD Ameritrade. My only cards right now are a university credit union credit and debit cards with no rewards. I don’t have travel card either but don’t travel much right now ( have miles with delta or American though free account). I don’t know what my options are here but I know 100% that is where I will be spending money. I also want to use a bank or investment system that automatically invests money for me, high dividends even just the S&p 500 for now. I have about 5 years of debit/credit history and credit score 780 if that means anything haha.
Does TD Ameritrade do this? Schwabb bank? Should I just open at a national credit union for my direct deposit?
As for investments beyond s&p500, I’m thinking montley fool etf, big dividend companies like nestle or Disney or 3m or drink companies or McDonald’s or renewables or cannabis etc. I’m just interesting in putting away money for my retirement and don’t want to think anymore about it while I’m at work or with family Thank you for your time
April 12, 2019 at 07:03AM
