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I don't know what to do. Please help
College_Student
Posts: 3 Newbie
I am a 24 male and still in college. I'm thinking of making music my major so I really need to learn how to manage money well. Do you have any advice for me?
What do you think is the best program to use to keep track of all your finances?
Right now, I have about $50,000 in one utility stock and I get money from it every three months (about $300 every 3 months). Should I just keep this the way it is?
I have about $500 in a 401k but I need to transfer it to an IRA because I no longer work at that job. I would like to retire when I'm in my 60's. I don't know what kind of IRA to get.
Right now my income is extremely varied upon random jobs.
I have somewhat of a moderate risk tolerance.
I have almost no investment experience.
What do you think is the best program to use to keep track of all your finances?
Right now, I have about $50,000 in one utility stock and I get money from it every three months (about $300 every 3 months). Should I just keep this the way it is?
I have about $500 in a 401k but I need to transfer it to an IRA because I no longer work at that job. I would like to retire when I'm in my 60's. I don't know what kind of IRA to get.
Right now my income is extremely varied upon random jobs.
I have somewhat of a moderate risk tolerance.
I have almost no investment experience.
0
Comments
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You would probably be best asking on a forum based in the USA rather than the UK as investment vehicles/ tax implications etc are significantly different here.All posts made are simply my own opinions and are neither professional advice nor the opinions of my employers
No Advertising or Links in Signatures by Site Rules - MSE Forum Team 20 -
oh... I didn't relize this was based in the UK lol
Do you know of a active forum like this for the USA? I'm having problems finding one.
I'm curious, how did you know I wasn't in the UK?0 -
College_Student wrote:I'm curious, how did you know I wasn't in the UK?
$, 401K plan, college majors etc0 -
College_Student wrote:I'm curious, how did you know I wasn't in the UK?
Don't look behind you now ... but we're watching
0
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