Advice for me starting out at 21
Hi guys, I am a first-time investor looking for advice. 21 and in my final year of mechatronics engineering. Curreently earn appx $500 a week while studying and close to $1200 a week during uni breaks.
I recently started investing in May this year with an initial A$5,000 invested across four US positions on Stake (NVDA, META, QQQ and SCHD). I have a documented strategy focused on holding for 12+ months to qualify for the 50% CGT discount. I have a small cash reserve with predefined deployment triggers and a written plan covering stop losses, thesis invalidation criteria and decision trees.
I am now looking to expand beyond my current investments by opening a CMC account to dollar-cost average into ASX ETFs from my regular income, building a separate long-term portfolio alongside my existing US positions. My broader goal is to achieve FIRE. I am early in the journey, learning as I go and trying to build disciplined habits from the start. Happy to share my strategy document if useful and open to any advice you guys have