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    What do i do with my savings?

    Hi everyone! I would appreciate some advice on generally, what to do with my savings and possibly investing? I have some short term goals of buying a house with my boyfriend within the year and would love some advice on how to potentially maximize any savings and growth in that time.

    Right now I have:

    40k in savings (HYSA)

    $3600 in E*Trade brokerage

    – AMZN, AAPL, APLD, SPY, ET, FNGO

    – i honestly don’t know what I’m doing here but I’m putting $75 a week into it and it’s getting invested in SPY right now

    ~18k in Roth IRA (no 2026 contributions yet)

    (And another retirement account through my employer)

    Debt:

    -11k student loans (paying these pretty aggressively 500-1000 per month)

    I’m hesitant to be so aggressive with student loans or Roth IRA with my other financial goals, but i would appreciate advice on maybe investing i should look into or other possibilities.

    Thanks all!

    What do i do with my savings?
    byu/Electrical-Impress-3 inpersonalfinance



    Posted by Electrical-Impress-3

    4 Comments

    2. BouncyEgg on

      Sounds like you are asking about a framework for what to do with money.

      Start with reviewing the Prime Directive in the PF Wiki. It will answer your question and many other questions you didn’t realize you should be asking.

      * https://www.reddit.com//r/personalfinance/wiki/commontopics

      —

      Consider reviewing the PF Wiki, section on Investing.

      * https://www.reddit.com/r/personalfinance/wiki/index#wiki_investing

      —

      I like this chart by u/apollosmith which highlights the funds necessary to construct a comprehensive and well diversified portfolio.

      * https://smithplanet.com/stuff/BogleheadFunds.svg

    3. jessycatphoenix on

      sounds like you’re in a solid spot, honestly. keep that HYSA for your house down payment and maybe consider putting some more into your Roth IRA since it’s a great way to grow your investment tax-free. just stay smart about those student loans; if you can keep making those aggressive payments, you’ll be in a better position to buy that house!

    4. DegreeDubs on

      > I have some short term goals of buying a house with my boyfriend within the year

      This is a significant financial purchase to make with someone. Are you both saving to contribute towards a down payment and closing costs? Can you both qualify for mortgage financing? Will you both be listed as owners on the loan and the deed of the property?

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