Hi Reddit,
I (28M), no kids, make around 68k after taxes and have zero debt. I still live with my parents and am grateful not needing to pay rent. In return I try to help around the house when I can. I was wondering what my next steps should be.
My Assets are:
10K in Checking
53k in a 401k.
3k in a HSA
11k in gov't Bonds
73k in Stocks (Fidelty)
114k in Company Stock (ESOP given by company)
My main expense is:
- 3k per month (includes car insurance.)
Questions I have:
Should I stop investing in my brokerage account?
Should I stop investing in my 401K?
Should I move everything to a HYSA?
How much "house" can i afford? I'm afraid of withdrawing money from my investment accounts to make a down payment because of the taxes.
I am currently house searching, but the market is still high. I would appreciate any and all advice. Thank you for reading.
original posted by Jojothebizzarensfw to r/personalfinance on Wed, 28 Feb 2024 21:59:34 GMT.