Key insights
- The post outlines a young individual's current savings and investment strategy, including contributions to a HYSA, Roth IRA, individual investment account (VOO, QQM), and a 401k. While the current strategy is sound, the post seeks advice on additional wealth-building opportunities. This reflects a generally positive outlook on personal financial planning and investment in US equities, suggesting continued retail investment flows.
Went to trade school and landed a job where I make little over 110k a year. My goal is to buy a house in the next 5-6 years. But my main goal is to retire very comfortably and able to get a nice vacation home.
Each month I save about 2k in my HYSA.
I invest $580 monthly into my Roth IRA
Invest $600 into my individual investment account into ETFs like VOO, QQM.
I have a work 401k that I put 15% into.
Is there any other way to wealth I’m missing here? I want to do whatever I am to set myself up for the future.