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How to distribute my income in SP500?
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Hello everyone. I need advice :)

I'm 19y old from Bosnia. Currently, I'm not earning money, I recently started learning web development.

I'll be working as a server next three summers in Lake Placid, NY.

First summer, I'll be more bussing than serving and I plan to travel a bit after the summer, so, I'll have about 12000$ left for investing.

After next two summers, I will have about 25000$ after each summer for investing.

How much money should I invest? I won't earn any money between the summers as I'll be learning programming, and I'll start my programming carrer after these three summers.

1st option: Invest all the money after each working season. That would be 12k in November 2023, 25k in November 2024 and 25k in November 2025.

2nd option: Invest 1000$ monthly from November 2023 to Nov 2024, and then what? How much to raise investment when I start earning more?

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1 year ago