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re: Investment help for young med student

Posted on 1/12/17 at 10:11 am to
Posted by tiger rag 93
KCMO
Member since Oct 2007
2574 posts
Posted on 1/12/17 at 10:11 am to
At this point I don't think either of us are looking to make military a career thing. More of do our required payback time and get out. That could change but I doubt it. We both have specialties we are eyeing, with all of them hovering around 250-300K per year average income for the US. But this is also likely to change.

Right now I guess my investment goal is growth. Not looking for steady income off my investing, but rather looking to have my money sitting in savings grow for the future. I'm tired of having that nice chunk of change just sitting there collecting dust.

I plan to max at the Roth until we hit the income limits, which I estimate will happen around age 30-32 after residency and military are said and done.
This post was edited on 1/12/17 at 10:16 am
Posted by CoachChappy
Member since May 2013
32622 posts
Posted on 1/12/17 at 10:15 am to
quote:

Right now I guess my investment goal is growth. Not looking for steady income off my investing, but rather looking to have my money sitting in savings grow for the future. I'm tired of having that nice chunk of change just sitting there collecting dust.


One option is a treasury note. I guarantees growth without risk.

If you are looking for more growth, you are going to have to take on more risk. For those types of investments, I have a financial adviser who manages a portfolio for me, so I am no help.
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