Hey everyone, I have been a member since I was 18. I have managed for a third year in a row to max out my ROTH IRA with vanguard. This year has been a roller coaster in between family health issues and my own, but still managed to make the most I ever had with a part time job (11,000) while still being a full time college student. I have also been blessed along these past three years with still being able to splurge now and then on things for myself. I am very big into power sports, and have acquired a motorcycle and boat along the way. I am hoping this year will be better, and I am on track to pick up even more hours than last year and a pay raise.
Investment Breakdown:
22,000 Vanguard Roth IRA - 50% SP 500 and 50% Healthcare fund(18% return this year)
11,000 Vanguard Mutual Fund - SP 500 Fund.
2,000 "play fund" with Schwab, where I can play around with my money and see what I can make.
3,000 Emergency Savings.
I was hoping IRA contribution limits would increase for this year, but they didn't.
I hope everyone has a good year and I'm looking forwards to a nice early retirement . All of my friends and acquaintances think I'm crazy, instead saying a should buy a new car or take nice vacations, but I find the company of my motorcycle and the spray of water from the front of my boat to be nicer.
Investment Breakdown:
22,000 Vanguard Roth IRA - 50% SP 500 and 50% Healthcare fund(18% return this year)
11,000 Vanguard Mutual Fund - SP 500 Fund.
2,000 "play fund" with Schwab, where I can play around with my money and see what I can make.
3,000 Emergency Savings.
I was hoping IRA contribution limits would increase for this year, but they didn't.
I hope everyone has a good year and I'm looking forwards to a nice early retirement . All of my friends and acquaintances think I'm crazy, instead saying a should buy a new car or take nice vacations, but I find the company of my motorcycle and the spray of water from the front of my boat to be nicer.