robocall@lemmy.world to No Stupid Questions@lemmy.world · 1 day agoWhat can I do with US$10K that is a good investment?message-squaremessage-square102fedilinkarrow-up1119arrow-down15
arrow-up1114arrow-down1message-squareWhat can I do with US$10K that is a good investment?robocall@lemmy.world to No Stupid Questions@lemmy.world · 1 day agomessage-square102fedilink
minus-squareprayer@sh.itjust.workslinkfedilinkarrow-up5·1 day 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.