Key insights
- A Dubai-based couple is seeking advice on investing $2-3k/month into US growth ETFs for long-term goals. Their high savings rate and investment horizon are positive. While their individual situation has limited direct market impact, it reflects broader global demand for US equities, especially growth-oriented ETFs. This sustained demand provides a mild bullish signal for US equity markets.
As the title suggests.
We make a total of arrpx 14500 USD a month. No Tax liabilities. We have the following saved up:
- Rainy Day + Home Fund - 80,000 USD * Investment account (broker 1 - Etoro) - 18000 USD * Investment account (broker 1 - IBKR) - 4000 USD
GOALS:
- Long-term wealth (20 Year Horizon) * Daughter's Education Fund (18 year horizon) * Buying a home in the next 1 year for upto 540,000 USD. For this we will need 25% which we are saving up in the Rainy Day + Home Fund.
Both Salaried Employees - Total salary 14500 USD Average Monthly Expenses - 5000 USD
Car Loan for 1 car- 460 USD
Not looking for someone to manage my money but looking for advise from people who have been/ are in same boat as us OR experts. Happy to answer any questions.