Undergraduate students attending a private school in the midwest. Have been saving since High School and year round tech internships in college that pay nicely. 3rd year in a row maxing my roth ira (haven't finished this years contributions).
I do not DCA currently. I may change that when I am not hourly, but I usually just lump sum a few thousand when I have too much cash. ~9k was inherited a few months ago, everything else was saved on my own.
Breakdown:
~58k in brokerage investment
~24k in roth ira
~12.5k in 401k
~11k cash
I invest 10% into my 401k, max my roth ira, then just brokerage the remaining. Hopefully saving for a downpayment in the next few years. No current plans, but I want to be prepared.
Everything is invested into QQQM except cash obv and 401k is the default for my company.
Don't really have a spot to share this, but my goal in college was to save 100k, and I still have ~6 more months and another summer of internship $. Very excited.
Onto the next 100k and beyond! Any advice for what is next? At this rate, should I be investing harder. Unsure when I should be shooting for retirement. 50?