Hi all -
Just seeking some advice. I'm a 25 year old male graduate student, no debt, no kids, renter. I make roughly $2600 per month after taxes, about 1100 of which goes to rent/utilities/internet/cellphone. Over the last 2-2.5 years of grad school, I've been fairly conservative with my spending and have managed to save up $11000 in a 1.3% interest savings account, stashing between 250-600 in savings every month.
Recently, I opened a Schwab Checking account, which comes with a brokerage account attached. I've been pondering redirecting some or all of my monthly 250-600 into the Schwab Checking account, to be invested in mutual funds. Do you guys think this is would be worthwhile, or am I better off just continuing to save in my 1.3% account?
Thanks!
Submitted December 02, 2017 at 07:00AM by guaranteedawesome http://ift.tt/2ia9VCA