My daughter's portfolio

[disneysteve]

My daughter told me yesterday that she updated her financial spreadsheet and she's got over $92,000 in savings and investments. Even I was a bit surprised by that number. That means she'll hit 100K sometime this year. Not bad at all for a 28-year-old.

She doesn't always listen to her father but at least when it comes to money management she has.

[ua_guy]

That's a great Proud Dad moment! Kudos to her, and her parents

Does she have plans for it? Or is it forever-savings/ retirement money?

[disneysteve]

That's a great Proud Dad moment! Kudos to her, and her parents

Does she have plans for it? Or is it forever-savings/ retirement money?

About half is retirement money in her Roth and 401k. The rest is EF and general savings not earmarked for anything specific at the moment.

[LivingAlmostLarge]

YAY That's amazing

[bjl584]

Nice work.
I can't remember where my portfolio was at her age, but close to $100K at that age is impressive.

[disneysteve]

Nice work.
I can't remember where my portfolio was at her age, but close to $100K at that age is impressive.

I wasn’t even close. At 28 I was still in residency with 100K in student loans. My net worth was in the negative by 6 figures.

[srblanco7]

Impressive. I'd probably provide similar feedback for both of my kids - that is, they don't always listen to me but do seem to pay attention when it comes to money matters.