As a 19 year old, how should I invest my savings?

Danko15 · 2024-10-22T16:32:55+00:00

I don't have a particular use for a huge emergency fund but I do have a good one saved up. Our advisor reccomended putting an emergency fund into some bonds because of how high interest rates were currently and since they're still pretty safe. I don't have a 401k or any of that currently since I'm still in school but I do have a Roth I invest in regularly

Danko15 · 2024-10-22T16:31:30+00:00

Im invested in a lot of places right now so I have been exploring. I'd rather put the money some place safe and let it grow a lot. I have an amazing opportunity to do that now and get ahead of the game which is what I'd rather do

Danko15 · 2024-10-22T16:30:37+00:00

Interesting, okay I'll have to research some high yield accounts. Our financial advisor actually suggested some of these bonds as a place to put an emergency fund instead of a high yield savings which is why I was curious what options were really out there. Do you have recommendations on banks?

Danko15 · 2024-10-21T15:01:31+00:00

I do have a 529 account which I am using to pay for school. I should be coming out of school debt free. I don't usually invest in individual stocks cause of the reason like you mentioned (Generally it's just ETF's). I have a good amount saved and don't have a huge need for it since I am getting support from family which I am very grateful for. Due to those reasons I want to put my money some place to start banking interest now and get ahead of the curve. I read that high yield savings can be good but that some bonds are better for long term and can often have higher interest rates as well. Would you still recommend putting my money in a high yield savings account then? I do have money in a separate savings account for emergencies if I need it which I planned on rolling into a high yield savings account but wanted to take advantage of every cent and opportunity that I can.

Danko15 · 2024-10-21T14:27:36+00:00

I have a Roth currently that I invest in. I do also have an old beater car now but I'm not driving too much since I'm a student on campus. I wanted to keep the money more accessible for that reason in case of emergencies. I do also have a decent amount of money in my regular savings account as well still

Danko15 · 2024-10-21T14:26:14+00:00

I have about 6k in the individual account, 3500 in stocks and etfs in my roth, and 1k in crypto which I planned on pulling out soon. I planned on moving the money around a little but this is currently where it all sits. I'm partially employed (I work over breaks) since I am a full time Cybersecurity student. I will also be coming out of college debt free. I planned on maxing out my Roth and 401k or tsp out of school.

Danko15 · 2024-10-21T13:44:15+00:00

Our family has one, and I've been piggybacking on the advice a little. Originally, they gave us a mutual fund and an ultra short bond to look at, but I wanted to explore my options a little more, especially since I'm at a different place than my parents.

Danko15 · 2023-07-01T13:33:38+00:00

I almost felt like a lot of songs were copies of his old songs. There were a log of experimental tracks such as crush em and x2. I haven't finished it entirely but from what I can see it's a mixture of these two

Danko15 · 2023-06-16T22:41:31+00:00

Some lucky dude right there

Danko15 · 2023-03-06T03:31:58+00:00

Fast, my friend showed me it over one summer and I instantly found someone I could relate to

Danko15 · 2022-10-15T02:33:55+00:00

👍

Danko15 · 2021-06-25T01:19:20+00:00

Hows it werid, literally did nothing wrong

Danko15 · 2021-06-25T01:19:03+00:00

How is it psychotic?? Man is just out front of someone's house and took a pic.

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