Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

485
Just hit 100k in the bank. Now what?
Post Body

I (26M) have always been smart with money. I went to a local college on scholarship and worked part time, landed a good job and am on track to clear 90k gross income this year.

I own a house with my brother (bought in 2020, my portion of mortgage utilities is ~800/month). We are also going to start renting a room to a mutual friend, which will bring that down to ~$600/month. My car is paid off and still relatively new. 401k contrib is at the max for employer match (4%). At this point, I’m living comfortably and saving nearly half of my net income.

I’ve always been fearful of investing, but $100k is many times what I would need for any “rainy day”. What should I be doing with this money other than letting it rot at the bank?

Duplicate Posts
2 posts with the exact same title by 1 other authors
View Details
Author
Account Strength
60%
Account Age
6 years
Verified Email
No
Verified Flair
No
Total Karma
1,041
Link Karma
521
Comment Karma
520
Profile updated: 5 days ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
1 year ago