Rich Habits Podcast
42: How We're Introducing Bonds to Our Portfolios in 2024
Dec 11, 2023
Introducing bond ETF BNDI for 2024-2025 investment. Learn about earning 5.1% APY with Public's HYCA. Explore bond market trends & strategies, BNDI investment potential, and investment transfer tips. Delve into investment management, shipping optimization, real estate equity challenges, and strategies for future property purchases. Discover allocation strategies for retirement and child's education.
35:07
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Quick takeaways
- Strategically allocate funds to maximize Roth IRA and 529 plan contributions for retirement and child's education.
- Refrain from pulling equity from rental properties due to high interest rates; focus on equities and crypto for better returns.
Deep dives
Split Investments between Roth IRA and 529 Plan
Allocate $580 per month towards maxing out your Roth IRA contributions for the year, while investing the remaining $220 into a 529 plan for your child's education. This strategy will help you secure your retirement savings and build a substantial amount in the 529 plan for your child's future education.
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