If an employer matches 401k at 8% is it worth it?
Are there better investments to look into? Where does a newbie start learning about investing?
Are government bonds with 16% returns reliable?
If an employer matches 401k at 8% is it worth it?
Hudson Miller
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Sebastian Nguyen
The employer match is basically free money so might as well take advantage of it
Jose Cruz
Is the 401k risky? Can’t one lose it all?
Jason Roberts
Depends on what you invest in
Andrew Harris
Also, is a savings account with like Goldman Sachs that has 2.25% return worth it?
If I’m gonna have money sitting somewhere, where should I put it so I get some return on it?
Andrew Wood
What govt bonds return 16%? What's the maturity? Govt bonds is the safest asset class except for treasury bills.
Kayden Lopez
Is that where a broker comes in? Or did you learn and study how to direct the 401k ?
Owen Reyes
No. That return is terrible.
James Allen
You seem very confused OP. Govt bonds return around 2-4%. You're also young I'm assuming so there is no reason you should invest in bonds at all.
First establish an emergency fund of money that sits in a savings account which would last you 3 months of living expenses.
You are in the "accumulation phase" of your life as it's called. This means you invest in growth, aka 100% into stocks. Over 10+, 20+, 30+ years you'll end up with a healthy amount of money. You slowly transition your portfolio into bonds so you receive fixed income as you get older.
Read A Random Walk Down Wall Street and don't fucking invest in cryptos like everyone on this board
Tyler Evans
absolutely worth it. people should be doing 9-10% at least