u/Immediate-Pay-9523

Hello, I am a 19-year-old upcoming sophomore in college, and I recently met with a advisor for the first time. I currently have $10k in savings and expect to graduate college debt-free.

Right now, I have:

• $3k invested in a Roth IRA
• plans to keep about $7.5k in a high-yield savings account
• and around $2.5k as an emergency fund in a money market account

I have not fully decided what to do with the remaining $7.5k yet, but my current plan is to put most of it into safe, diversified ETFs, while also investing a smaller portion into more aggressive stocks since I’m still young.

My main concern right now is that I invested the full $3k in my Roth IRA into the Schwab U.S. Top 20 ETF, which tracks the top 20 companies. I’m unsure whether that was the best move long term.

I’d really appreciate any suggestions on both the TOPT investment and what to do with the additional $7k overall. I’m mainly trying to get the wheels moving in the right direction financially while I’m still young.

Hello, I am a 19-year-old upcoming sophomore in college, and I recently met with a advisor for the first time. I currently have $10k in savings and expect to graduate college debt-free.

Right now, I have:

• $3k invested in a Roth IRA
• plans to keep about $7.5k in a high-yield savings account
• and around $2.5k as an emergency fund in a money market account

I have not fully decided what to do with the remaining $7.5k yet, but my current plan is to put most of it into safe, diversified ETFs, while also investing a smaller portion into more aggressive stocks since I’m still young.

My main concern right now is that I invested the full $3k in my Roth IRA into the Schwab U.S. Top 20 ETF, which tracks the top 20 companies. I’m unsure whether that was the best move long term.

I’d like any suggestions on both the TOPT investment and what to do with the additional $7k overall. I’m mainly trying to get the wheels moving in the right direction financially while I’m still young.