[USER]

Hey all,
Looking for some advice. 26 years old
Teacher on a salary of $60k.

Liquid cash in a HYSA bank-$51k 3.8% Interest
Roth~25k but my investor put it in a Vanguard 2065 retirement which someone told me was to conservative for my age.

I was thinking about rolling it into a Fidelity or Schwab account and choosing ETF’s. Should I manage myself or is a robo investor a better idea.

Have a 403B and 401a as well through employer but only do match In these. Put the rest In Roth.

Looking where I should move that cash to ensure I get a good return.

Kinda on a paycheck to paycheck situation right now in terms of all the money is budgeted out to expenses.

[Scott]

Just throw all the 2065 money into something that tracks the s&p. I don’t think you need any investment services at this stage.

You’ll get bigger bang for your buck squeezing about 5% out of your take home and making sure your maxing that Roth.

[Chad]

The Schwab intelligent portfolio, aka robo. I have that for Roth IRA and it’s been doing well this year. One thing to know is you have a percentage that will be in cash that you can’t change.

At the highest aggressive level it will still be 6% cash.

The thing about it is it will it will do well in bad markets and average markets, but it’s not going to stay up with a hot market.

But when the markets are bad it doesn’t do anywhere near as bad as the markets drop. Mine dropped about 1/3 what US stocks dropped.

So, it helps preserve your money in bad markets so there are pros and cons.

[Bassel]

I’m not a financial advisor but I believe those funds are pretty conservative do I usually select the fund a decade past my expected retirement.

[Ricardo]

you should also consider platforms that do all the trading for me and I just cash in every week or leave the money to grow with compounding interest daily if you don’t have much time.

[Author]

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