>>26620716>put as much money as you can into Roth IRA, get at least what your company matches for 401k, invest whatever remaining money you can in something reasonably safe like S&P 500.>>something reasonably safe like S&P 500.roru, rumao
as things are right now you should just save cash
etfs have been a huge bubble that have never seen a real correction since their inception
theres a huge risk where etfs now have so much greater liquidity than their underlying assets that a sudden crash causes a positive feedback loop that tanks the price of both much further than the NAV should naturally fall (google "etf liquidity doom loop")
also take into account that the last decade or more of economic growth has been fake overhyped tech stocks with no real increase in productivity
the real estate bubble is already popping
plus the ABS markets are bloated like they were in 2008
i just would not touch the market at the moment bc i give it 5 years tops before we see great depression 2.0
be diligent with your saving and spending, the advice of paying off credit cards monthly is very good and you can easily get an 800 credit score (at the moment) with just automatic monthly subscriptions payed through your credit card
set up automatic payment through your bank
>I have no doubt that Ame follows exactly none of that advice, but she probably is making enough money that she won't have to worry about it for the rest of her life anyway.to keep this post relevant to ame, i actually think ame does follow all of the roth ira advice bc its very mainstream practice among "personal finance" wary millenials, i bet shes clicked ona graham stephen video before
gura and ame both bought properties at the absolute peak of the recent real estate bubble so i really hope they dont regret it
they may be making a decent amount of money but they are definitely not making enough that being stuck with bad mortgage on a million dollar house wouldnt hurt them
