/biz/ - Business & Finance

American skanks?
No thanks!

>TSLA down 61%
>GME down 49%
>BBBY down 83%
>AMC down 83%
whats with wallstreetbets and picking absolute fucking shitters?

>>52635687
Okay so first of all nice job on having an emergency fund. I'm assuming you are just holding that in your checking account. Make sure your bank is giving you a good return on that. Most of them are like 2% but some banks will screw you over with the APY. Either way, holding this emergency fund is already fucking amazing.

Second thing you need to do is read what the bogleheads say. They have a fantastic forum and community which would love to help you.
>https://www.bogleheads.org/wiki/Getting_started

You are new to investing. You could spend a lot of time trying to research what good stocks are. You also could just pay someone money to do it. Or you can just buy everything. I'm serious. Bogleheads follow the philosophy of "don't try and find the needle in the haystack, just buy the whole haystack". You want to invest that $20,000 into passive index fund that includes the entire american and international stock market.

Ideally you should be trying to take advantage of retirement savings, mostly your Roth ira. You and your wife will have a $13,000 yearly limit, but any money put into this is forever tax free. Hence why the government limits it to $6500 per person. And sometimes employers will even match your investments.

That comes out to about $1000 per month if you want to start maxing this every year, which I heavily suggest you do. Most people can't have the discipline to pull it off. Now if you want to start doing that AS WELL as invest this lump sum of $20k, then you just open a brokerage account. Fidelity tends to be the best one, that I use, because they have no fees on literally anything and great customer support.

Now what do you want to buy? Again, you're young so stocks. VTI is a very inexpensive ETF that covers the entire American stock market. And VXUS covers all international investment.
>https://www.schwab.com/research/etfs/quotes/portfolio/vti
>https://www.schwab.com/research/etfs/quotes/portfolio/vxus

>crypto fags are down 75% this year
I told you to get out and into broad based index etfs anon. You should have listened

>remembered BBBY exists
>its in the $3 range
get fucked "meme" stock retards

>remembered that BBBY exists
>check it out
>below $7
imagine going all in on another meme stock right before the biggest crash since 2008

CDs 1 year is now 4.15%

Did anyone get a confirmation email with a tracking number when their bogcoin shipped?

>>49844743
REMRF

Friday news, Atlas might have discovered a 2nd salt dome

https://ceo.ca/@nasdaq/gravity-survey-unveils-second-potential-salt-dome-in

>Buy right, sit tight