I've recently gotten a job that's allowed me the freedom to save money. I've doubled my income in 3 months due to a career change and would like some advice. I currently have 4k saved after a few months. I make around 65k a year and I am wondering how best to use this money.. I am thinking of keeping 2k for now as emergency funds and putting the other 2k imto index funds.
From what I see the market isn't doing great right now. I know “time in market is better than timing the market”, but is it likely it will continue downward? Should I wait to start a portfolio when prices are possibly lower, or is that not worth considering?
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