Hi guys. I'm a senior (engineering) student with about $9k in my Roth IRA (maxed, only made $2k in income this year so can't add more), $4.5k in index funds, and about $27k in the bank. $10k is locked up in a low interest savings account for the next 2 months (I dabble in /r/churning) and the rest is just sitting in my checking. I do have a 2% interest savings account I can throw it into but that's still a somewhat trivial amount of money.
I do not pay tuition as I am on scholarship. A year from now I will begin a fully funded PhD program so I will continue to not pay tuition but will additionally receive about $30k a year in stipend. If all goes well in my relationship (likely to, but not relying on it) my girlfriend will be starting a $70k a year job in 2 years and moving to live with me at grad school. I would be ecstatic about my financial situation except I turn 25 next month and am probably behind people my age in a similar career path.
Should I be investing some of this liquid $27k I have? What would you do in my situation? In case of some sudden financial burden I would be partially supported by my family to the extent that I would not go homeless or starve.
Submitted September 29, 2018 at 01:08PM by MP412C17 https://ift.tt/2IoElgM
