incogneato
No face, no case.
I have over 300k in savings and add about $4-5k a month to it. I already max out my 401k and automatically contribute another $700 to my retirement account. My 401k is about $500k and I own a condo with about $275k in equity. The interest rates have dropped considerably from 2% to .15% and I am thinking of moving $25k into a managed investment account then contribute to it monthly. I’ve been hesitant. I know I can get a better return in the stock market but the market is so volatile. With the low interest rates, there is a part of me that wants to buy a larger apt and maybe an inexpensive investment property. Theoretically, I could invest, buy a new property and still have money left over. Should I just get over my fear and invest? I don’t know what’s holding me back, I think I’m afraid that I will have a lot of mortgage debt and lose my job.