How should I save my money?

Currently I am putting my savings away in passive index funds. Approximately my savings is in approximately 80% stock and 20% bonds. I am 24 years old and only have about $5,000 stashed away in this brokerage account. This account is not insured by the FDIC. I also have a significant amount of money saved in my retirement account that is affiliated with my employer? In truth, I am unsure that I am doing the right thing. I feel another crash looming and am worried about losing my money. What is the safest and most effective way of stashing away money in this jungle?


Showing 3 reactions

How would you tag this suggestion?
Please check your e-mail for a link to activate your account.
  • Meagan Kavouras
    tagged this with upvote 2018-01-21 19:39:02 -0500
  • Meagan Kavouras
    tagged this with upvote 2018-01-21 19:39:02 -0500
  • Brian McCabe
    published this page in Ask Prof. Wolff 2018-01-18 10:56:40 -0500

connect