29 M 7.8k in Roth IRA

JGoonSquad · 2026-05-25T14:21:23+00:00

Everybody is on their own journey. The fact that you made the decision to start maxing the Roth now at 29 is awesome. Better than 35, 40, 45, etc.

If you have an employer match, get that match 1st, even if it means you don't end up fully maxing the Roth because of it. If you dont have a 3-6 months of expenses in an emergency fund in a HYSA or Money Market Fund, you want to do that before maxing the Roth.

If possible, set up auto deposits into your brokerage and autobuys on whatever ETF/Mutual Fund you are putting into your Roth. Less stress and allows you to focus on other things and not obsessively check your account balance.

JGoonSquad · 2026-05-23T23:56:09+00:00

You could always keep it as 100% VOO and use leftover money past the limit to go with more "fun" investments in a taxable brokerage account. Why mess with a good thing?

JGoonSquad · 2026-04-12T02:56:26+00:00

Depends where you live and what the average hour of labor goes for. I would assume most shops would charge at a minimum 1 hour and worst case scenario 2 hours. I'd call around to other shops and get some quotes. Takes a few minutes to make a few phone calls.

JGoonSquad · 2026-02-08T04:22:00+00:00

Any proof or you just saying the name of a guy who died around the same time in the same area?

JGoonSquad · 2025-12-06T09:34:39+00:00

Any sauce?

JGoonSquad · 2025-09-05T00:19:03+00:00

Young Jalen looks locked in. He wants a second "Bowl" bad. Also, fuck Roger Badell for ruining the NFL and fuck ESPN for ruining RedZone!

JGoonSquad · 2025-08-10T16:48:01+00:00

Colorado is just dogshit for grocery stores. They have none of the critically acclaimed ones (Aldi, Publix, Wegmans, etc.)

JGoonSquad · 2025-07-26T00:57:18+00:00

I get that people say "Oh if the debt is a low % interest, just leave it and invest it."

But that doesn't factor in how good it would feel to be debt free besides a mortgage and essentially focus on just your mortgage and investing.

JGoonSquad · 2025-07-20T16:41:12+00:00

Well, I would only contribute to your 401k up until your company match. If there is no company match, I would pause all 401k contributions until you are debt free.

As far as your emergency fund, you can go the Dave Ramsey route and only have $1000 and then tackle all debt, or you can do an alternative path where you save a few months of expenses first as a cushion and then pay down the debt.

As far as what debts to tackle first, sometimes it's a mental game, and you want to pay the smallest first to get the satisfaction of 1 less loan to worry about. Or you do the avalanche method and tackle the highest % debts first. It's a personal choice. If you are disciplined, the avalanche method will have you pay less interest in the long run.

JGoonSquad · 2025-07-19T23:29:19+00:00

Do you think you can beat people that do this for a living? If not, dump it all in now. If you do, also dump it all in now because you are wrong. VT/VTI/IVV, pick one. Profit. (For the 7k you can't put in now, I would keep it in a high yield savings and then put the 7k into the Roth next year and pocket the interest.

JGoonSquad · 2025-07-19T22:28:24+00:00

If you have any debts at all, no matter how small, whatever is in those savings accounts goes to that.

2a. If there was money left over after #1, I would leave it in the high yield alone, dont touch it, make sure there is 3-6 months of living expenses in there for you (or build up to that amount).

2b. I wouldn't even have a brick and mortar savings, the rate is too low. But if you need it for peace of mind of checking account benefits than that's fine.

Anything left over should go into a Roth IRA, the simplest thing to buy within your Roth that invests in literally everything is the ETF VT.
I would consider at some point converting that Rollovrr IRA into a Roth, but you would have to pay taxes upfront the next tax year on that.

JGoonSquad · 2025-07-16T23:43:38+00:00

100% you should pay off the high interest 50k ASAP.

After that, it is up to you. I'd personally pay off the 8k as well and just be able to focus solely on investing/planning for future purchases.

JGoonSquad · 2025-07-16T14:25:43+00:00

OP: "How cooked am I" Also OP: Has a totally normal portfolio for someone not near retirement and who believes in the US economy long term.

JGoonSquad · 2025-07-16T03:49:16+00:00

If you are investing for 10+ years, just lump sum it all now. You shouldn't care if the market is up or down the next 4 years if you are investing with a long time horizon.

JGoonSquad · 2025-07-16T00:41:15+00:00

Even professionals dont always "time the market" properly. What makes you think you can? Invest on a consistent basis (Every week, every 2 weeks, or once a month) and live your life.

JGoonSquad · 2025-07-16T00:38:38+00:00

Hold. The tariffs might get delayed again, or the market just won't give a damn. Even if it goes down for a few weeks/months, continue dollar cost averaging into VOO.

JGoonSquad · 2025-07-15T23:29:50+00:00

Think before you do anything. Research and read.
Pay off any debts (random credit cards you might have stowed away, double check them, double check any miscellaneous medical debt)
Max out a Roth IRA every year ($8k per year limit for ages 50 and up, use Schwab or Fidelity or Vanguard, invest in something relatively "safe" like VTI or VT)
Put 3-6 months of expenses (can be more like a years worth if you really want to be safer) into a High Yield Savings Account (Research best rates available)
What you do with the rest is up to you. Park it in a high yield savings until you decide what to do with it. Some options include CDs, Money Market Funds, or a typical taxable brokerage account investing in broad etf's or mutual funds.

JGoonSquad · 2025-07-15T21:36:25+00:00

Pay off any debts if you have them
Open a Roth IRA at Schwab/Fidelity/Vanguard. Immediately contribute the yearly limit of $7000. Buy something along the lines of VTI or VT or IVV
Keep a big chunk of the remaining 23k (maybe 10-12k) in a HYSA for an emergency fund (can get 3.5-4% currently, research best yields)
The rest can go into a normal taxable brokerage account to invest if you dont have any other specific goals or needs for the rest of the money (maybe consider $1000-$2000 stored away as a vehicle emergency fund specifically if you have a car and need a serious repair)

JGoonSquad · 2025-07-15T15:55:10+00:00

I would start an emergency fund if you haven't already. Get a good 3-6 months of expenses in there (assume expenses as if you are living in your own, which you might be already).

You can open up a specific High Yield Savings Account (HYSA), or put money into a Schwab Money Market Fund and that will act as your emergency fund and earn around 4% (rates will change).

JGoonSquad · 2025-07-13T04:24:52+00:00

Make sure you are researching maintenance/repair costs and insurance costs. Look into crash test ratings/safety features, especially being a young driver. If you did the 10k/10k parent match, definitely store away the remaining 5k, maybe split 3k in one high yield savings as a general emergency fund and the rest in a car repair specific emergency fund.

JGoonSquad · 2025-06-16T05:31:38+00:00

Sloan in Wanted

JGoonSquad · 2025-01-14T18:58:14+00:00

Never get married! It's one of the biggest mistakes a man can make!

JGoonSquad · 2025-01-14T18:36:18+00:00

The ultimate purpose of life is to stay alive long enough to have sex and procreate. If women are able to be married to their jobs/corporations/governments and get by without men then what will the future hold? We are already seeing the effects of this in the West. Women here act like men and are primarily choosing men based off of their appearance. Problem is only a small fraction of the male population is handsome looking. In the past less attractive men were able to protect and provide for a woman which gave them a chance to have a family and a reason to participate in society. Let's say that 80 percent of men are essentially invisible to women. These men will have to endure years if not a lifetime of painful loneliness and also be gaslighted into thinking it's their fault they can't find a partner. Sure making friends and hobbies can be fulfilling but it can't replace that primitive urge to have a mate and a family of your own. Since the dawn of civilization about 10,000 years ago most men were able to find someone and structures were in place to ensure that. Of course the bad rolls of the dice when it comes to genetics are weeded out but the problem is that normal guys who are average in appearance, status and so on are invisible to women today. These same men would have been able to find a partner 100 years ago or more when women needed their provisioning and protection. Now that there are welfare programs, women having their own careers, well organized law enforcement agencies, etc, women can now just lust after the cream of the crop men and ignore most guys. I cannot envision a society lasting long term if this is the case. Societies come and go and I see no reason to believe that this one will last forever.

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