I saw a similar post which inspired me to seek advice and guidance from those who have been through it.
I'm 18 and about to graduate from HS to enter university. I've always had a desire for money and things as a kid and my parents told me I could buy whatever when I'm older and have my own job. They probably meant after college but I started to work and learn about investing in my sophomore year of high school. Once I had a consistent part-time job and began investing at 18 not too long ago, I've become much less materialistic.
I have a little less than 10k invested in stocks, but ofc am at a negative. I only have about $3k (though I used to have more) saved and nearly $10k in stocks, but am at a negative, of course. I keep a maximum of $1k in my primary checkings, and since I'm still a dependent, I use that excess money from my PT job to invest in stocks for my high-risk, volatile portfolio (all tech). Though I'm aware of them, I currently don't have any investment in bonds, mutual funds, index funds, or other ETFs. I'll be paying attention if the market dips more to lower my DCAs.
I'll be in debt with at least $5500 in government loans for the 22-23 school year. How should I approach my finances moving forward as a dependent student? I won't be working while in college anytime soon, so I won't be investing at all except for maybe occasionally watching the market to sell some unwanted stock if need be.
Thanks so much in advance y'all.
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