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REDDIT

Should I invest my money right now? 18 years old, 35k savings

B
Apr 9, 2025 · 23:19

Hello! I really could use some advice for what to do right now with everything going on in the stock market. I am an 18 year old, currently finishing up my freshman year of college. Due to a lot of working + saving in high school, I have roughly 35k saved up and currently sitting in a HYSA. Should I invest a portion of this in the stock market now?

Some details:

1. My parents are paying for my tuition, but not my housing, so I still need to keep enough money to be able to pay for rent, groceries, gas, etc. I am looking at around 10k in rent expenses per year.
2. I am currently still working, making $21 an hour and working 15-25 hours per week.
3. I am planning to buy a car from my parents for 9k so I will have to take that into consideration when deciding how much to invest.
4. My ultimate goal is to invest this money for around 10 years in order to grow it for a down payment on a house.

I am toying with the idea of investing anywhere from 10-25k of my money, but I would love any and all advice on when and how much. Thank you to anyone who takes the time to help me out! Please let me know if you need any more information.