I will be 20 this year.
Looking to invest about 8000-10,000 each year for the next 5 years then increase the amount after that (after I finish my degree and have a decent paying job)
I'm just starting out investing (mostly in shares for now) and trying to learn as much as I can
I know that being younger I should not be as concerned about risks as say some one who is living of their investment returns in retirement. But that being said, I also would like to start building a solid foundation so I will always have something to fall back on.
I'm wondering what kind of weighting I should aim for in my portfolio (for example say 50% in long term growth shares, 10% in bonds and 40% more speculative?)
ANY advice is greatly appreciated!