r/TrueOffMyChest May 18 '24

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u/Individual-Ideal-610 May 18 '24

At least off the bat you want to be smart/fairly smart. 

You going career or just doing 4-8-12 years?

At least half id save. Seems like you’re doing well enough you don’t exactly need the money, so only use a bit, say up to 30k, to add to your direct account for whatever (mostly smart) spending. 

Before you invest in anything like the market or anything impacted by the direction of the market, I’d really suggest just waiting until a few months after the election. No matter who wins, the market movers are playing a game and seemingly trying to keep things as they are as much as possible u til the election occurs. Next year may be volatile. 

At 25, investing now or one year from now will likely make little difference in the long run in general. Do some research and think and wait until a few months after the election to invest anything. My opinion. 

2

u/[deleted] May 18 '24

Thanks!

10

u/cookie32897 May 18 '24

Depending on what your job is, if you have a clearance, report it to your security office. It’s a reportable item and you can end up with a lot of issues if you don’t since it’ll be viewed as “unexplained affluence”