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Comment on Ask HN: I'm a Developer, I make good money, Where do I put it?

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Coming from someone who has intensively studied stocks and done very well in the market over a few years:

Invest in index funds. First max out your 401k match, then your Roth IRA, then the rest of your 401k, then open a taxable account.

I highly recommend Vanguard's LifeCycle funds. Asset allocation is one of the most important factors in determining your returns, and Vanguard will automatically adjust your asset allocation while charging very small fees.

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