Hi so I am actually maxing out a 401k and HSA, I have a IRA too but I only put a little bit into it. I also have a high interest savings account which is very nice.
But this is my long term savings and retirement. I don’t trust myself enough for that and I’ve made 4-6% gains consistently since I started. Significantly better than I would be able to do (I know because I’ve tried with smaller amounts) plus I don’t have to worry or think about it.
The s&p index returns about 10% a year over the past couple decades.
Anyone reading this would be hard-pressed to do any better than that. So there’s no reason to do anything but just put your money in a giant index and wait.
Hi so I am actually maxing out a 401k and HSA, I have a IRA too but I only put a little bit into it. I also have a high interest savings account which is very nice.
But this is my long term savings and retirement. I don’t trust myself enough for that and I’ve made 4-6% gains consistently since I started. Significantly better than I would be able to do (I know because I’ve tried with smaller amounts) plus I don’t have to worry or think about it.
The s&p index returns about 10% a year over the past couple decades.
Anyone reading this would be hard-pressed to do any better than that. So there’s no reason to do anything but just put your money in a giant index and wait.