Tips and Tricks for newbs
Hi! I recently left a long time job where I accrued money with a 401(k). I rolled it over into a traditional IRA using RobinHood and invested around $12k (100% of the rollover) into VOO. It’s been performing good and long term is all that matters to me.
After I did this, obviously at my new job I was hoping there might also be a 401(k) but no, there unfortunately is not. Well, I opened a Roth IRA with Robinhood and began depositing 10% of all my income into this account. I have Robinhood Gold as well if that’s important. I also purchase VOO.
I make an estimated $55k after bonuses (won’t know until EOY). That’s still short of my max allocation I can do a year inside my Roth IRA (considering 10% rule). I was considering moving it up to 13% or so? Maybe that 3% can be tossed at a random stock or other stocks to slightly diversify?
Let me know if there’s anything I am missing or could do better at. TIA!