Key insights
- A high school student is investing in a diversified portfolio of index funds (QQQ, VTI, VXUS, SCHD) with a 100% parental match. This early start to investing, while positive, has a negligible impact on the overall US market. The portfolio allocation reflects a growth-oriented strategy with some dividend income.
18f, senior in highschool about to graduate this summer. I recently started putting my money into index funds monthly, with my father matching 100% of whatever I choose to put via Robinhood (he owns a custodial account, so it's under my name and will be in my possesion once I hit 21).
Currently, I'm putting about $250 monthly (with his matching it's $500 total) and splitting it using this plan: QQQ (40%)- $200, VTI (24%)- $120, VXUS (20%)- $100, SCHD (16%)- $80
Any tips for beginners? Mistakes to avoid? I'm open to just hearing out other people's experience regarding investing at an early age. Thanks !