Key insights
- The post discusses investment strategies for a law student with significant savings, seeking growth and dividend income while covering tuition and living expenses. The user's existing portfolio includes VTI and VXUS. The question highlights the tension between investment returns and the need for capital preservation, suggesting a cautious approach to new investments given the relatively short time horizon and tuition obligations. The summer income provides a partial offset to tuition costs.
I am 23yrs old and have about $360K in HYS accounts and 2 years of law school left (about $85k tuition + $40K rent per year). I have $6K in a stock account mainly invested in VTI and VXUS (and a small amount in EPD).
Any recommendations for a stock/ETF that will appreciate while still providing modest dividend income and on the amount of this cash I should invest? Not sure how to safely invest while insuring I have enough to pay for the rest of school. I will earn also $50K next summer pre-tax. Thanks in advance.