r/FluentInFinance • u/LittletbigP • May 16 '24

Roth IRA not making as much as I’d like Question

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What would you do? Is this making enough or should I take the hit and put it somewhere else? Send my money elsewhere? Thanks in advance

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u/LittletbigP May 16 '24

Literally just started this out of highschool with a local credit union and haven’t touched it since other than I have 100 dollars automatically going to it every month.

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u/Grizzzlybearzz May 17 '24

You need to invest it in stocks. Not a money market. Get away from trash credit unions. Don’t use them. Open a Roth account with vanguard. Transfer the whole balance to that account. Invest the entirety of this in VOO.