I saw this today and I thought this is great info for new investors, as it sums up what everyone needs to get right early on which is savings and investments aren't competing with each other, they just have different jobs. This is why: • Saving protects you: Emergency funds, high-yield accounts, and short-term cash belong here. Low returns, but zero stress when you need money tomorrow. • Investing builds wealth: Throwing money into broad market ETFs like ($VOO, $XIC, $VDY, $SCHD, $VEQT, and, $ZCN) is how you beat inflation over 10–20+ years. Volatile short-term, but compound interest does the real work over time. This is how to do it, in 5 steps: 1. Build a liquid cash cushion first. 2. Take advantage of any employer match if you have one. 3. Automate your monthly ETF contributions and let time (which is the most important factor here) do its thing. 4. Keep cash for peace of mind, invest the rest to stay ahead. Simple as that, don’t add unnecessary risks to your investments. 5. In 20 + years you will be a millionaire, you want it or not. How do I know this, because I lived it, I started later in life since it took me a while to find a real job, but I did it. Cheers!🍻 — This is for informational and educational purposes and it is not financial advice.
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