- Frugal Investing - 5 Updates
| "catalpa" <catalpa@entertab.org>: Jul 06 09:47PM -0400 <Beaver_Fever@live.com> wrote in message news:5bb480a6-51ba-40fb-a3fd-a78cff5516a6@googlegroups.com... >I am making way too much money right now. I don't even want to spend it if >I can help it but I should be earning interest on it. I am so unprepared >but I never thought this day would come. What do I do? Open an account with Vanguard and invest in index funds. Or buy low expense index ETFs in your brokerage account. Keep in mind you should have a balance of equity and fixed income investments. The ratio is decided by your risk tolerance. |
| hchickpea@hotmail.com: Jul 06 09:25PM -0500 >I am making way too much money right now. I don't even want to spend it if I can help it but I should be earning interest on it. I am so unprepared but I never thought this day would come. What do I do? Crap! I hate it when that happens. Where is full-metal-grotus when we need him? |
| 21blackswan@gmail.com: Jul 06 10:17PM -0700 in case you don't know, you can get 1.x% with an online savings [with checking] account Ally bank is just one of several marc |
| Beaver_Fever@live.com: Jul 07 09:48AM -0700 > >I am making way too much money right now. I don't even want to spend it if I can help it but I should be earning interest on it. I am so unprepared but I never thought this day would come. What do I do? > Crap! I hate it when that happens. Where is full-metal-grotus when we need > him? Dude, you have no idea how crazy the past few years have been. All this money and it doesn't mean a thing. All I want to do is what I have been doing all along. But you wanna know how crazy it is in Southern California? I quadrupled my income in 3 years and it's STILL NOT ENOUGH TO LIVE ON. I could have all the money in the world and it wouldn't matter to me if I couldn't live in this neighborhood and do the things I like to do every day. And the cash flow is temporary and I still really have no idea what I am doing. I love America! |
| Beaver_Fever@live.com: Jul 07 09:50AM -0700 On Thursday, July 6, 2017 at 6:47:46 PM UTC-7, catalpa wrote: > Or buy low expense index ETFs in your brokerage account. > Keep in mind you should have a balance of equity and fixed income > investments. The ratio is decided by your risk tolerance. Thanks for the info. I do have some high risk tolerance. Basically in 3 years I turned about $1000 into $150,000 all high risk but I hit the peak of my capabilities and it's time to start protecting and managing what I have made. |
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