Looking for advice on how/where to invest.
I'm 38 with hardly any savings, a huge student loan debt, and less than $1k in credit cards. I just signed a 6-month contract job paying close to $1k a week (after taxes) for a company and wanted to start saving for the future. I hope to save as much as I can for these 6 months.
Was thinking of a Roth-IRA and a mutual fund? Any advice or opinions?
My main concern is paying taxes next year because my job is only 6 months and unsure what will happen when the year is up. That's why I decided on a Roth so it isn't tax-deferred.
Also, I plan to do heavily investing in the future, since I plan to start medical residency next year, so my potential salary would dramatically increase to build on these investments.
Thanks in advance.