Key insights
- This post reflects individual investor sentiment and concerns about economic uncertainty, particularly regarding the housing market and building risk tolerance. The high allocation to HYSA suggests a cautious approach, potentially limiting equity market participation. While not directly predictive, it provides a micro-level view of investor behavior influenced by macro conditions, hinting at potential risk aversion in the broader market.
Hello! I’m 26M and recently started investing. I opened Roth IRA this year, I have around 21k in investments and 30k in depositary accounts (HYSA, checking account). I recently bought a car and have 25k debt. I recently got promoted and am now earning 115k per year, and want to start investing better and reach a good position financially. I have been wanting to buy a house but after researching a little it feels like housing market right now is not for me. Out of my 21k, 2k is ROTH IRA, 3.5k is brokerage and the rest is 401k. I have always been shy to invest, and even now worry about economic uncertainty and hence the 30k in HYSA. Any advice to how better develop risk tolerance and boost my net worth?