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The cat kittles speaks the truth. Minimum living and investing 50% of your income into a 401k for 5-7 years in your twenties. Invest the other 35% or so into di
by ambiate 13y ago
The cat kittles speaks the truth. Minimum living and investing 50% of your income into a 401k for 5-7 years in your twenties. Invest the other 35% or so into diverse CDs with ranging lock periods (or flipping things on craigslist, both have a decent ROI). Five or so years of pain for a solid path afterwards.
- s_baby 13y agoThat doesn't include the cost of wrecking your back from sleeping in the back of a honda civic.
- dredmorbius 13y agoWith a decent air mattress you should be OK. More back harm from failing to left. Squats and deads, my man.
- embwbam 13y agoI also highly recommend Wealthfront.com for super easy diversified investing. (Once you've maxed your HSA and IRA)
- _lex 13y agoI'd recommend vanguard.com . From what I can tell, wealthfront is largely repurchasing vanguard funds and selling them downstream.
- greghinch 13y agoAnd then when you are older and your body less resilient and your obligations much higher, you cash in and do all the fun, adventurous stuff you missed out on in your 20s, right? Concentrating on savings is betting against your own future earning potential. Generally this advice comes from people who always hate their jobs. Better advice: get a job you enjoy. You'll never work a day in your life