Hi all, sorry if this is not the right place to ask. I would just like to hear opinions/ any advice you would like to share!
I am currently 22 years old and work full time with a salary of 48,777$ while contributing to my roth tsp 5% with 5% employer match. I currently live at home and only pay my car bill of 250$ a month.
I have been saving my pay checks about 2k a month after paying my car and have been putting it in a high yield savings account 5% interest a month and I have been thinking about investing in the stock market again. Currently have 33,000$ saved up and have been thinking of investing it all.
If you were in my shoes, would you max out a roth IRA 7,000$ (separate from my roth tsp and i am allowed to put 22,500$ a year into this) or would you invest it all in a normal brokerage?
Thank you! for taking the time to answer.
Submitted August 17, 2024 at 03:11AM by Comprehensive-Art670 https://ift.tt/FmiBOYX