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Old 03-25-2014, 10:07 AM   #374 (permalink)
Chuck33079
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Quote:
Originally Posted by jaytirbhaw View Post
Anyone have experience in an online service like betterment . com ? I've been reading Chuck's and everyone elses posts in this thread all week trying to learn as much as I can.

As a young guy (23) that recently graduated I understand it's important to start early when saving for things like retirment, a house etc. , was wondering if a service like betterment ( in addition to a 401k) is a wise way to ease into investing?
Off the cuff generic "getting started" advice-
1. Contribute up to the match in the 401(k)
2. Save up six months living expenses in cash
3. Max out a Roth IRA
4. Open a brokerage account

2&3 can be done at the same time if finances allow.

As income increases, move your goals up- divert the cash savings to house savings, max out the 401(k)- if it has a Roth componant, do it there.
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