I'm 21 years old and starting to look into investing for the first time.
I have 37k in savings and a monthly income of around $1,800-$1,900 after all expenses considered (e.g., rent, utilities, groceries, etc.). I'm planning to set aside 17k in a HISA and will be regularly adding $50 monthly. This will be my emergency fund AND saving up for any big expenses (e.g., travelling mainly as I don't intend on buying a house or car within the next 5 years).
I'm planning on investing the rest of my savings (20k) + monthly income into ETFs fortnightly. I am quite risk tolerant and do want to be quite aggressive with investing, seeing high returns.
So far, I'm thinking of $800-$1,000 fortnightly into DHHF and maybe some other pairing but because this is my first time I do want to make sure I'm investing correctly before making any commitments.
What are your thoughts about this?