Here's situation. 28, no retirement plan with current employer, maxing Roth Ira, while trying to build emergency fund

Question is... When do you move to me investments such as more stocks, funds etc?

Ira is a target date and that's it. I feel like the saying is get the emergency fund up 3-6 months worth, keep maxing Ira, then use extra funds?

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Posted by DaBeerz

Member since Sep 2004

18304 posts

Posted on 2/1/15 at 9:19 pm to HailToTheChiz

Yesterday... If you have the money, then start diversifying. No need to put eggs all in one basket

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Posted by Double Oh

Louisiana

Member since Sep 2008

23398 posts

Posted on 2/1/15 at 9:41 pm to DaBeerz

Get the emergency fund set up-6 months then start investing. Mutual funds and if you want individual stocks.

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Posted by HailToTheChiz

Back in Auburn

Member since Aug 2010

53783 posts

Posted on 2/1/15 at 11:20 pm to Double Oh

Thanks for responses.

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Posted by kingbob

Sorrento, LA

Member since Nov 2010

69338 posts

Posted on 2/2/15 at 8:26 am to HailToTheChiz

"Always!!!!"_this board

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Posted by madchef

Louisiana

Member since Aug 2008

20 posts

Posted on 2/4/15 at 8:11 pm to HailToTheChiz

Hail To The Chiz, what kind of outstanding debts do you have? High interest credit cards? Car note? Student loan?

Besides your rent/mortgage, you need to take care of these first. If you are debt free, congrats, and start saving like a maniac while you are still young.

Stick with growth oriented mutual funds, personally I love T. Rowe Price funds. Fidelity & Vanguard are very good as well.

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