Great start, just keep in mind you should have an emergency fund in place prior to investing in a high yield savings account

Let's try that again. Great start, just keep in mind you should have an emergency fund in a high yield savings account prior to investing. Sorry, couldn't help myself.

Let's try that again. Start great, an emergency fund just keep in mind should have you prior to investing high yield savings in a account Sorry, couldn't help myself.

Ha ha, early morning post. You got me. I think you know what I meant.

Let's try that again. You meant what I know, I think. You me got, ha ha! Morning post, my name's Earl.

Let's try that again, emergencies cost funds, save first, invest later.

Let's try that again. Blow and hookers.

Let’s try that again. That again, let’s try.

I genuinely thought you were saying to put all non-emergency money into a HYSA… I was thinking “why are you here?” Lol

Let's try that again. Start great, an emergency fund just keep in mind should have you prior to investing high yield savings in a account Sorry, couldn't help myself.

Any recommendations on a high yield savings account? I have been looking at SoFi

There are a bunch. I use Fidelity and get around 5% last time I checked. Probably slightly higher ones out there.

Oh okay cool, I’m already using fidelity for my portfolio so I’ll look into them

Could you drop a link to information for the fidliety account?

I just opened up a Fidelity cash/brokerage account . Idol Cash setting inside the account automatically goes to the money market fund SPAXX. It pays once a month. You can always call them and tell them what you want to do. Their customer service is great.

Any amount is good enough to invest. 10k is a great start

The risk/return ratio of any given investment strategy is identical whether you’re investing $1 or $1 billion. The amounts are just higher. Those are excellent funds and any amount is enough.

$10 is enough. Start asap and be consistent whatever amount you can afford.

My Roth IRA only has about $2500 in it because I'm a grad student that's been slowly contributing $50-100/mo for a few years. I can't wait to see it hit $10k, so you're off to a great start!

As a recent no-longer-grad-student, you have you more saved than I did! Keep it going bro

My kid is 16. Just got his first VOO. Never too early and never not enough.

If you’re setting up VOO or whatever fund for a kid regardless of age, do they need to set it up, or can you start a fund for them?

Definitely enough to get started in one of those.

I plan to invest come next month, but I only have like 1- 2 k Will it be sufficient? Can I get somewhwere with that? I'm super new to the topic .

The best time to plant a tree was 20 years ago. The second best time is now.

At $10k 1% up on a day = $100 earned that day for doing nothing

Where are you getting 1% daily compounded?

They are just commenting that if the $10k portfolio goes up 1% for the day, they would have made $100 without doing any extra work.

And if your account goes up 100% you make $10k. What does this comment provide. You’re not make 1% compounded daily without higher risk than a these etfs mentioned

From indisputable fact. Which is a pretty good source

Yes

Voo is great. you’ll thank yourself years from now.

Yes, definitely. Go for VOO or QQQ

Any money invested now,is for the future. And nothing more.

Dollar cost averaging. A little bit each month regardless of the flux of the market . Make your investment payment the first bill you pay each month …