Been working since I was 18 and started investing little by little middle of 2023. Opened up a webull taxable account with at first just a few Tesla shares then I learned about different stocks and hold a variety of companies I think are solid and I did end in the green although I didn’t take profits.
As title suggests I live with my parents in the California Bay Area and would like to stay here and I’m pretty frugal cuz I basically have everything taken care of for me besides paying my dad $250 as my rent and occasional car expenses(used and paid off). He intends to essentially give back what I’ve paid over the years as well.
So anyways I ended up with over 50k in my taxable account in stocks in 2023 and only a few I regret slightly but just wondering since my objective is to grow this money to afford a townhome/house here in the bay in like 6/8 years, is this the right route for me opposed to putting in an ira or saving all income with 5% apy? I don’t need this money yet but I need it sooner than 65 💀
(P.S i do have a Roth IRA that I’ll out my dog walking money into)
Submitted January 11, 2024 at 01:58AM by Scary-Rough7543 https://ift.tt/6VZE8CG
