You just graduated college, your education was free due to scholarships, and you have zero student debt. Your parents originally created an account for you to pay for college, and would give the rest back to you when you graduated. Since college was free, you now have $50k. How would you invest $50k with the risk profile of a recent college graduate with a steady paying job. 100% QQQ? 80/20 stocks and bonds? 100% 3x QQQ? How would you go about this if you were in this situation…
Trending Content - Off Topic Forum
Career Resources
GME Calls - I did it too (a bit past "right out of college") and it worked. H8rs will say it's fake.
I should've listened lol
There's still time brother. Buy while you can.
Damn bro congrats
I regret not doing that... could have had more savings now post MBA if I did. I was thinking of putting $30K in 2020 when it was $15.
following
OK, there's 2 main approaches to this. The aggressive strategy (what I would probably do) is to toss it all into TQQQ for as long as you are willing to let it ride. The passive strategy (the smart strategy) is to put it into a 401K over 2 years, with whatever is left over after year 1 going into bonds for a year until you can claim the 401k again. This will still yield between 1-2 million tax free by the time you retire at 67.
401k's can only be funded with earned income.
I thought it was implied that you can use the 50k to live off of while working and then use the 50k saved over the 2 years to fund the 401k
Real estate
Bet on black
$50k right out of college? I’m going on a baller trip or two and putting whatever I don’t blow into upgrading my wardrobe/apartment/life.
$10k on vacation, $40K in VTI.
Cardano ADA
Some random shitcoin
Magnam doloremque sed reprehenderit quia consectetur nesciunt. Consequuntur inventore exercitationem enim quae dolor sit. Rerum distinctio aut sit et aut.
Occaecati numquam aut temporibus quisquam in vero harum. Animi et molestias id repellendus est officia. Dolorem harum molestiae vero accusamus aut est sapiente accusamus.
Quae nulla vitae consequatur qui qui sit. Itaque est quae ut est. Quia voluptas aut voluptatem fuga aut. Laudantium quaerat et et tenetur vel. Aperiam totam provident non voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...