[Nick]

I have been mostly trying to max out my 401k up until now and haven’t had a lot of disposable income to put into other areas of investing.

I THINK I want to start buying index funds little by little, maybe even just 1 or 2 stocks a pay period / month. I like the idea of having a safer investment that I don’t HAVE to wait until retirement to use if need be.

My questions are: With the above scenario, how do I go about starting this? Do I just sign up for a Fidelity account and buy them 1 at a time? Do I need to go through some person/company to help manage that? Is this at all a good/correct/OK way of thinking about my current investing? Are there like 3 or 4 highly recommneded index funds to start investing in that people can recommend?

Thanks!

[Mark]

Fidelity is great and easy. U can set up an account in a few minutes. U can also open an IRA to tax shelter more money. I think the limit for this year is $7k. Or u can open a taxable brokerage account. Buying and holding long term low cost index funds is effective in both accounts. And u have more control over them than ur 401k.

[Charlotte]

I personally don’t like stocks, not that it isn’t good but for now you should have more focus on the real estate and digital assets investing.

My family have created their lives around digital assets, and I simply participate in what they do.

Depending on my input, I occasionally make five figures per month, and my husband has made it his major source of income.

I don’t mind giving you the specific because they might be just what you need.

Also, check out: California: Employer claims 401k overpayment, payback from contributions only, fair?

[Jennifer]

YouTube is an excellent way of finding information on How To do Everything. When you aren’t sure, search.

[Bryan]

Not a promo, I have rHood and the RHood Ira, works great. I’m building a reit portfolio and buying individual goood stocks.

[Author]

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