baby__steps t1_j2ekrue wrote on December 31, 2022 at 6:06 PM

Reply to VTI or VTSAX which is the better choice long term? by ToenailRS

I do backdoor Roth IRA with vanguard and I am 100% VTI.

I have a Robinhood account and do automated dollar cost averaging on VTI. Yes, I use RH. I don’t use it for stupid day trading stuff. Robinhood supported fractional shares and automation before Vanguard, so I just got accustomed to staying with it, since it’s all automatic.

baby__steps t1_j2egte0 wrote on December 31, 2022 at 5:40 PM

Reply to Paying for my education through a trust fund by Professional-Gap2808

No real advice for your current situation, other than best wishes.

However, you have an excellent opportunity to get real ahead in life if you’re smart and strategic with this situation. Do not concave to the peer pressure and other things that you will experience in college. Plus, with all that money post college. Sure, have fun - but make good choices all throughout. As I tell my 16 y/o, every choice has a consequence; good or bad. Watch out for peer pressure with drinking and drugs - particularly pills. It’s a nasty, nasty world out there, kid.

Best wishes!