College Student With $400K In Stocks Grown In Just 4 Years Gets Mixed Reddit Advice – 'Should I Max Out My Roth IRA And Invest In S&P 500?'

Benzinga12-20 02:00

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Many investors have started to seek advice on long-term stock investments and a 23-year-old college...

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He also had the option to enroll in a 401 through his company but was unsure if it was a good idea.Several members of the community advised the investor seeking l","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4547":"WSB热门概念","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4078":"消费电子产品","GPRO":"GoPro","IVV":"标普500指数ETF","SH":"标普500反向ETF","VOO":"Vanguard标普500ETF","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF",".SPX":"S&P 500 Index","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","BK4559":"巴菲特持仓","BK4077":"互动媒体与服务","RDDT":"Reddit","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","BK4550":"红杉资本持仓","BK4588":"碎股","SDS":"两倍做空标普500ETF","OEX":"标普100"},"translate_title":"一名大学生在短短4年内持有40万美元的股票，他在Reddit上得到了褒贬不一的建议——“我应该最大化我的Roth IRA并投资标普500吗？'","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GPRO":1,"VOO":1,"SPY":1,".SPX":1,"RDDT":0.9,"OEF":0.6,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"IVV":0.6,"ESmain":0.6},"content_text":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.\nMany investors have started to seek advice on long-term stock investments and a 23-year-old college student has turned to Reddit to navigate his journey toward financial stability.\nWith a portfolio worth $400K, grown in just four years through individual stocks, the young man aims to invest wisely to purchase a home down the road and secure his retirement fund.\nWith this concern in mind and the fact that he considers day trading a gamble and says he has gotten “lucky” so far, the investor asked for long-term stock investment advice on the discussion board, which hosts close to 2.6 million members.\nDon't Miss:\n\nThis Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.\nUnlock the hidden potential of commercial real estate — This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!\n\n“I’m a 23, college student, I started investing 4 years ago. I invested $50k into Meta during its stock crash at $122 per share. I currently have a little over $400k in stocks. I have only done individual stocks. I want to invest long-term, as I have a wife and two kids,” he said.\nWhile the investor sought advice from fellow Redditors on the r/investing_discussion community, he already had a few options he was considering but was looking for direction.\nThe investor mentioned that he created a Roth IRA and is considering investing in VOO’s S&P 500 but would need to max out his Roth IRA. He also had the option to enroll in a 401(k) through his company but was unsure if it was a good idea.\nSo, let’s analyze the recommendations he received from other Redditors and what they think about investing in VOO’s S&P 500.\nSee Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.\nRedditors’ Recommendations for Long-Term Stock Investment\nVOO’s S&P 500\nSeveral members of the community advised the investor seeking long-term investment guidance on Reddit to invest in VOO’s S&P 500.\n“Like, I know the S&P 500 is a great choice for a long-term investment because you can monitor the trend based on the revenue of the companies involved in it,” says one Redditor.\nAnother user mentioned that VOO is a great index fund to track the S&P 500, while a third Redditor said that an S&P 500 is usually the safe route for many investors.\n“The “safe” answer is usually S&P 500 for most of the money,” the Redditor said.\nTrending: Warren Buffett once said, \"If you don't find a way to make money while you sleep, you will work until you die.\" Here’s how you can earn passive income with just $100.\nQQQ’s ETFs\nSeveral Redditors on the r/investing_discussion thread also recommended QQQ’s ETFs, particularly suggesting the young man seeking advice find a few ETFs and then take a break.\n“I'd max out the IRA, continue to contribute to the 401(k) and find a few ETFs (VOO, QQQ, VTI ... etc.) then chill,” the Redditor said.\nAnother board member expressed full confidence in QQQ, advising the investor to fully commit to this fund.\n“It depends on your goals and level of expertise. You are young. If you want max returns and can handle fluctuations, I’d go QQQ all the way,” the Redditor commented.\nCHRS\nCHRS or Coherus Biosciences, Inc., is a specific option that a Redditor mentioned in the thread. CHRS is a commercial-stage pharmaceutical company that develops and sells innovative immunotherapies for cancer.\nAlthough the company’s stock price has decreased 22.97% this year, this Redditor, in particular, believes it is worth investing in. \nWondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.\nArrived Achieved A Total Return of 34.7% On Their Biggest Sale Yet — Diversify Your Monthly Income Stream With Fractional Real Estate\nArrived allows individuals to invest in shares of rental properties for as little as $100, providing the potential for monthly rental income and long-term appreciation without the hassles of being a landlord. With over $1 million in dividends paid out last quarter and a growing selection of properties across various markets, Arrived offers an attractive alternative for investors seeking to build a diversified real estate portfolio. \nIn October 2024, Arrived sold The Centennial, achieving a total return of 34.7% (11.2% average annual returns) for investors. Arrived aims to continue delivering similar value across our portfolio through careful market selection, attentive property management, and thoughtful timing in sales.\nLooking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.\nThis article College Student With $400K In Stocks Grown In Just 4 Years Gets Mixed Reddit Advice – 'Should I Max Out My Roth IRA And Invest In S&P 500?' originally appeared on Benzinga.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492410053"}