Hello,
I was hoping that some people could offer their advice. I am a 22 y.o. grad student who will be moving and starting a new job in the coming months. I have roughly $12,000 cash sitting in my Schwab Roth IRA; it makes up about 85% of my total savings. For the next 2 years, I would say I am fairly risk averse- I cannot afford to lose this money in the case of an emergency or job loss. I recently pulled out of all my positions at a significant gain, but I know the economic loss of leaving cash sitting and not earning.
Because of my large lifestyle change (and geopolitical reasons), I am very risk averse during the Trump administration. While I am willing to return to a more aggressive position in the near future. I would say I am currently aiming for a 70% , 30% split (the minority being more aggressive choices).
Any recommendations for either side- safer or more aggressive? Do not worry, I will not blindly follow all suggestions, but I'd like to hear people's opinions.
Thank you in advance.