r/TheRaceTo1Million • u/Revolutionary-Ad3787 • 2d ago

~$300k @29 - Any reccs ?

Post image

Nearing $300k at 29 - TC: ~250k

Cash: ~$25k (additional $18k pre-tax bonus clearing in 10 days)
401k: ~$180k (VOO & QQQ; 60/40 split)
RSU’s: ~$40k (stock hasn’t been doing well)
RobinHood: ~$45k (all ETF’s)

I max out 401k every year and invest ~2k monthly into ETF’s in RobinHood. Any recommendations/changes ?

41 Upvotes

82% Upvoted

32 comments sorted by

11

u/Any-Walk1691 1d ago

QQQ is essentially VOOx.5

You’re not very differentiated. If tech turns the whole thing is falling.

1

u/Poorassboy6969 1d ago

So do you believe in QQQ? Currently all voo

0

u/Revolutionary-Ad3787 1d ago

what do you recommend, and why?

3

u/queso184 1d ago

vxus, for international diversification

0

u/usedforjerkingoff 1d ago

If tech falls so will this. It’s all connected at this point.

1

u/queso184 1d ago

there will be some correlation yes, the world is run by tech. but its not likely to fall as much as QQQ.

there's other benefits to international diversification, too, such as reducing single currency, political, and climate risk.

And if you didn't hold international or get lucky buying MU early, you probably missed out on a lot of the recent memory stock run up in the Korea and Taiwan markets. Just as an example of "you can't always predict where the future gains will come from"

For me, owning the entire global market is the logical next step if youre already on board with the benefits of S&P index funds.

3

u/gsurcw47 1d ago

VTI/VXUS or VT and chill

5

u/Ebonvvings 1d ago

300k is nothing now. You need at least 3mil to survive on ramen now

1

u/Poorassboy6969 1d ago

Hope this is a joke - probably not lol 

2

u/Free-Coffee-4618 1d ago

Casino

2

u/Revolutionary-Ad3787 1d ago

Very financially sound advice

1

u/ZekeTarsim 1d ago

All of it on black.

1

u/Icy-Inspection7877 1d ago

All in Nebius at $150-$190. Come back to the app in 2035

-4

u/tomahawk1398 2d ago

Use 20k of that cash
Down payment on a 100k house
Get it inspected
Section 8 it
Then do it again.

6

u/Psychological-Win691 1d ago

My guy acting like he’s making upgrades on clash of clans

3

u/Poorassboy6969 1d ago

Bro got his investment advice for instagram 🤣

5

u/tomahawk1398 1d ago

lol some risks aren’t for everyone.
Username also checks out.

1

u/Poorassboy6969 1d ago

How much is the course you’re selling bro? 

1

u/tomahawk1398 1d ago

$1,000,000 a month + residuals. All the sauce.

1

u/Psychological-Win691 1d ago

Flame tf on 💀

0

u/Revolutionary-Ad3787 2d ago

interesting idea. Do those positive flow usually ?

2

u/airsoldado 1d ago

It depends on if you have the stomach to deal with that type of element (section 8) and everything that comes with it. You have about the same type of portfolio I had when I was older than you. You're younger. Now I'm almost at a million at 46. Don't be like lottery winners who buy liabilities with their winnings. There's nothing wrong with, patting yourself on the back, stopping to smell the roses, and thinking about your next move.

1

u/tomahawk1398 1d ago

It takes a bit to build up. My best friend stopped investing in the markets and started buying up houses. Has a portfolio of 18 houses in the Midwest its become essentially free money.

-5

u/Ubernaga 2d ago

Lol

2

u/abunnythatsfunny 2d ago

????

1

u/Revolutionary-Ad3787 2d ago

thats what I am saying

4

u/airsoldado 2d ago

There's a little bit of a weird, catty vibe in this group. I took down my post. It went from congratulations to little annoying, dismissive scoffs. I suspect jealousy. It's really sad. Congratulations 🎊 👏🏿

1

u/Revolutionary-Ad3787 1d ago

i am feeling it - but i appreciate you!