Ask HN: How do you save/plan investments?

2 pointsmomofuku2y ago3 comments

Hello HN! I recently started a new job that pays pretty well, which means I save way more than what I need.

I wanted to know how I should be saving my income? I have some savings in a high-yield savings account, and just opened a Roth-IRA as well. Apart from this my company offers an HSA account, that I've opted for, for the triple tax benefits. I've put very little money in stocks as well, but not a chunk of my monthly earnings.

What should I be looking into to maximize my savings? Should I just put most of my money into high-yield savings and max out my Roth?

Thanks!

3 comments

MattGaiser2y ago

Depends on what you want for the future. What are these savings for and when do you plan to use them?

momofukuOP2y ago

General retirement savings. The plan is to retire early-ish. I'm thinking of ways to invest, while optimizing for long-term returns primarily.

kinghajj2y ago

The obvious one you didn't mention is a 401k, if your employer offers a program.

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