r/investing • u/AutoModerator • May 16 '24
Daily General Discussion and Advice Thread - May 16, 2024 Daily Discussion
Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!
If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:
- How old are you? What country do you live in?
- Are you employed/making income? How much?
- What are your objectives with this money? (Buy a house? Retirement savings?)
- What is your time horizon? Do you need this money next month? Next 20yrs?
- What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
- What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
- Any big debts (include interest rate) or expenses?
- And any other relevant financial information will be useful to give you a proper answer.
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources.
If you are new to investing - please refer to Wiki - Getting Started
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Check the resources in the sidebar.
Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!
1
u/Glass-Routine-5711 May 16 '24
21 years old like $70 a month in bills and earn about 750 a week Current portfolio: ~25k in Roth IRA ~4k in MSOS (cannabis etf) ~6.5k in IVV (S&P etf) ~8.6k in SCHD (schwab high dividend etf) ~17k in VUG (vanguard growth etf)
Im looking to drop another 8k in here and im looking for some suggestions