Hi all,
The title pretty much says it all.
I have no prior knowledge of investing beside a couple youtube videos and this sub but I know it's not great to just sit on the cash since I'm losing out on making money through interest, right?
I don't want to be an active investor so it sounds like Roth IRA/S&P 500 Index fund is a common suggestion. What's your recommendation, does it matter who it's with? Can I download an app and set up direct deposits? Good things to know before investing?
What would you do in my situation? Any suggestions would be greatly appreciated.
Thank you.
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Also....stupid question probably but I'm a US citizen but there's a high probability that I will move overseas in the future. Does that effect my ability to invest/rates?
Not sure if relevant but I'm also changing careers (head hunter/recruiter in Japan to golf instructor in US) and my salary is going from 70K base to 25K-30K for an entry level job, so I won't be able to save like before for at least 3 years until I get proper certifications. Even then my base salary will most likely be around 40K.
Submitted July 15, 2020 at 09:10PM by tallguy_64 https://ift.tt/3h21Psc
