Need some advice

[wallstalking]

I finished a graduate progam about a year ago and now I am back in the work force. I am currently 26 and make 90K a year. I am completely debt free, but I currently have very little savings (maybe 5K) because I paid off all of my debt. I guess my question is what now. I am maxing out my 401K and I plan on hopefully saving about 25k on top of that this year. I know that I can always invest in the markets, but I am curious as to whether anyone has any other investment tips...like how to invest in non-public small businesses, etc. Other than the market, most people say invest in real estate, but I was wondering if there are other suggestions. Thanks

[wallstalking]

Also, is hoping to have a net worth of 500k by the time i am 30 a reasonable goal?

thanks

[jIM_Ohio]

4 years to accumulate 500k is a bold goal. How do you plan to achieve it?

My advice is get 100k in the market. Most of this will come from your contributions over the next 4-10 years. Once you get 100k, I think you could increase some risks and make the money work harder.

The best return comes from the riskiest investments. Owning your own business is probably the biggest risk. Biggest return too.

I would shy away from real estate (renting or flipping) unless you

a) have a high cash savings
b) have a significant amount of spare time