I come across so many posts in this sub and many like it of people asking for various kinds of financial advice, e.g., “What should I do with this lump sum of money”, “How should I invest my 401(k)”, etc.
Financial advice is extremely relative to each individuals circumstances, risk tolerance and appetite, goals, and time horizons.
If you are going to ask for advice, please understand that without detailed, thorough, personal information it is impossible to give any kind of accurate financial advice.
Here is a short list of must have details needed before accurate financial advice can be given:
\-age
\-goal and time horizons
\-assets
\-liabilities
\-income (gross and net)
\-expenses (monthly or yearly)
There are more variables that can lead to various kinds of advice for differing requests but these pieces of information are typically the bare minimum. Please keep this in mind before asking for advice, and if you do ask for advice please include these things!
Cheers! :)