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Results tagged with starting-out-investing
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user 25282
For questions relating to beginning investing. It should normally be used with other tags to clarify the area that it relates to.
92
votes
What options do I have at 26 years old, with 1.2 million USD?
Pay off the credit cards. From now on, pay off the credit cards monthly. Under no circumstances should you borrow money. You have a net worth but no external income. Borrowing is useless to you.
$ …
- 21k
4
votes
How exactly does dealing in stock make me money?
If you have money and may need to access it at any time, you should put it in a savings account. It won't return much interest, but it will return some and it is easily accessible.
If you have all …
- 21k
5
votes
Should I start investing in property with $10,000 deposit and $35,000 annual wage
You want to buy a house for $150,000. It may be possible to do this with $10,000 and a 3.5% downpayment, but it would be a lot better to have $40,000 and make a 20% downpayment. That would give you …
- 21k
3
votes
Invest $50,000 in cash or borrow $100,000 and get a mortgage?
You are counting taxes and maintenance on the mortgaged house but not the rental property. And you are counting appreciation on the rental property but not the mortgaged house (previously noted). Th …
- 21k
4
votes
Accepted
How and Should I Invest (As a college 18 year old with minimal living expenses)?
I have about $1K in savings, and have been told that you should get into investment and saving for retirement early. I make around $200 per week, which about $150 goes into savings.
That's $10k p …
- 21k
-1
votes
As a 22-year-old, how risky should I be with my 401(k) investments?
At twenty-two, you can have anywhere between 100%-70% of your securities portfolio in equities. It is reasonable to start at 100% and reduce over time. The one thing that I would mention with that is …
- 21k