Hey guys, two years ago I got a sales job that I wasn't expecting much from. Fast forward a couple years later, and I have excelled and have already made $100k. I am on pace to make $150k this year. In 2018 I made 75k. Anyway, I've saved a decent chunk of money.
I have about $9,000 in a Roth IRA
$3,947 in a personal investment account on wealthfront, $12800 in a checking account. And about 45k in a savings account. I was never really expecting to make this kind of money so I was ill prepared. I need advice on what to do with it.
Obviously letting it sit in a savings account with no interest is bad. I am doing this because I don't know what to do with it. Robo advisors have always interested me. I know nothing about finance, stocks, property etc. I prefer to be hands off and let people smarter than me handle my money (part of the reason I like robo-advisors) I am not financing anything big. I drive a 2005 subaru forrester that is owned outright. I pay about $1250-1300 a month on rent and utilities.
So please, help me out. What should I do with this cash I've saved? Any help would be greatly appreciated. Sorry for any grammatical errors. Wrote this very quickly.
Submitted September 17, 2019 at 10:26PM by mevich417 https://ift.tt/308ihTF
