PebHmong Discussion Forum
General Category => General Discussion => Topic started by: hmgROCK on March 02, 2021, 05:07:31 PM
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O0
Dude I致e been trying to get Hmong people into the stock market
And start investing for a loooonnnnnnggg g ass time now
Hahahhah.
Gotta play this white man game!!!
Max out those Roth ira $6k
(https://i.imgur.com/aBhLZsp.jpg)
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You have till april 15
To contribute to 2020
You can contribute to 2021
I already max out mine for the year
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Just putting it in a SAVINGS ACCOUNT like our parents did
We will never be rich like them white man
Because the interest rate is sooooo low
Inflation will just eat it all up overtime
You gotta invest and buy stocks
Just trying to help each other
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The idea is to go 90% in stock and 10% bond
As you aged up and reaching retirement
You slowlymove to 10% stock and 90% bond
You can change the % depending on your tisk tolerance
Some go 40% stock and 60% bond
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If you are new and just started out
You get something like
Ticker symbol
$VTI Total market you own all large, med, small cap stock
$VOO You own the s&p 500