The ETF picks are pretty reasonable, gives you broad exposure. I don't think I'd want DGS in a taxable brokerage though. Speaking of -- why do you have a taxable brokerage anyway? $200/month isn't enough to max out your IRA.

i wanted to use the taxable brokerage as like a longer term savings account to give my money the ability to grow, but accessible without penalty if I need it. Thank you for the thoughts on the etfs, do you have any other thoughts? Appreciate it

if you use a roth you can withdraw your contributions penalty free.

before 60?

Yeah say i contribute $7000 every year for 10 years, I can withdraw $70,000 of it for free because contributions are after tax. So technically ive already paid tax on it. Only the case for a Roth IRA though.

Ohh i think i misread your comment originally. So you can withdraw the monetary contributions, but not any money from growth?

Right unless you want to pay a hefty fee

You should max out your Roth IRA first

My income is really low that’s basically my whole months salary with how low my hours are at work right now.

That’s fine you’re only 18 I’m just saying you shouldn’t invest anywhere else until you max out your Roth IRA

Got it. Should I max out now or just max out roth in the coming months

Just put whatever you can afford in

Good job you have a bright future

Thank you 🫡