How should I Invest my money? 98 upvotes | June 17, 2020 | by warshadow518 ------------------------- hey everyone. I have currently $70,000 (4 years worth saving) in the bank. $2,000 in robinhood stocks. I'm also putting away $500 a month into defer comp at my job. I live at home with my parents (no expenses) and I'm probably will stay there for the next 5 years. I'm 25 now. 1 QUESTION WHAT IS THE BEST WAY TO KEEP INVESTING MY MONEY? SHOULD I JUST MAX THE DEFER COMP EVERY MONTH? 2 SHOULD I PAY TAXES ON MY DEFER COMP NOW OR WHEN I CASH OUT IN THE NEXT 30 YEARS? CUZ RIGHT NOW I'M NOT PAYING TAXES ON MY CONTRIBUTIONS. ------------------------- Archived from https://theredarchive.com/post/696893