Re:Stanford CS007: Personal Finance For Engineers
by npsimons on Monday November 27, 2017 @05:59PM
(#15792485)
> You've even managed to save around $10K in cash from various summer jobs and gifts from relatives. The consensus advice investment management professionals would offer is to sock it away in a well-diversified set of Vanguard Funds.
Put half of it in a Roth IRA with Vanguard. You can still do a lot of risk taking and self development on $5k, and the compounding from being in the Roth IRA that early really will make a big difference.
Put half of it in a Roth IRA with Vanguard. You can still do a lot of risk taking and self development on $5k, and the compounding from being in the Roth IRA that early really will make a big difference.