hi everyone! i’m a 22f who makes 65k annually pre tax.
i’m finally at a point where i feel financially comfortable investing some money but have generally no idea how.
i know i have to set up a brokerage account to start investing and i think id be able to do my roth as well as just normal investing from the same one.
i would love any advice you have for someone who’s starting out, as well brokerage and hysa recommendations
22 year old wanting to start to invest in retirement, hysa and stocks
byu/thecircleofmeep inpersonalfinance
Posted by thecircleofmeep
3 Comments
Have you checked what plans your employer has first ?
It’s just like opening a Netflix account. You go to the brokerage’s website, input your info, and tap the sign up button.
Then you transfer money in and decide what to invest it into.
Yes, you should immediately start doing this, even if it’s only $20 a month to start.
build a 3–6 month emergency fund in a HYSA, max your Roth IRA if eligible, and use low-cost index funds (like total market or S&P 500) before picking individual stocks.
Consistency > trying to time the market.