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Question for the Money Doctors

Question submitted on May 2, 2019.

Question

What are the best options for an individual that's looking to invest, but only makes 40k a year before taxes?

Answer

I would do as much online research and education as I could.  Here is a great website to help get started:   https://www.360financialliteracy.org/Topics/Investor-Education/Investing-Basics/

You can also find additional information at Vanguard.com and Schwab.com which are also good inexpensive custodians at which to invest.  Good luck!


For additional information visit http://www.360financialliteracy.org/

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