Ask HN: Any good investments for those saving a substantial portion of income?
Dear HN,
I am in my mid-20s and I'm banking over 50% of my pay each month. This adds up to about $50k in savings at the moment. I'm maxed up to match on 401k.
The poor interest rates in checking and savings just aren't cutting it for me.
I don't want to risk too much, but how can I better invest this money?
For me particularly -- my goals are a nice car (60k), retirement, and I'd like to be prepared to purchase a home (130k in my area), although I am not immediately interested in home ownership yet...
I am in my mid-20s and I'm banking over 50% of my pay each month. This adds up to about $50k in savings at the moment. I'm maxed up to match on 401k.
The poor interest rates in checking and savings just aren't cutting it for me.
I don't want to risk too much, but how can I better invest this money?
For me particularly -- my goals are a nice car (60k), retirement, and I'd like to be prepared to purchase a home (130k in my area), although I am not immediately interested in home ownership yet...