robocall@lemmy.world to No Stupid Questions@lemmy.world · 24 days agoWhat can I do with US$10K that is a good investment?message-squaremessage-square37fedilinkarrow-up110arrow-down11
arrow-up19arrow-down1message-squareWhat can I do with US$10K that is a good investment?robocall@lemmy.world to No Stupid Questions@lemmy.world · 24 days agomessage-square37fedilink
minus-squareprayer@sh.itjust.workslinkfedilinkarrow-up1·24 days agoDon’t rule out a Roth if you only want to save for 5-10 years. You’re allowed to withdraw the principal (initial 10K) at any time for no penalty/cost, so long as it’s recorded properly with the IRS when you withdraw it.
Don’t rule out a Roth if you only want to save for 5-10 years. You’re allowed to withdraw the principal (initial 10K) at any time for no penalty/cost, so long as it’s recorded properly with the IRS when you withdraw it.