Inside the investment portfolio of a millennial homeowner - Business Insider

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By the fall of 2019, he was seriously considering becoming a homeowner, but was eager to stamp out his student loans before making such a huge investment

on hand to balance out his aggressive investment strategy and doesn't invest any money he'll need in the near future.

He contributes $237.50 per paycheck, and the company makes an annual matching contribution to his account, usually in December, he said. , a mutual fund made up of mostly large domestic and foreign growth stocks.Hudgens also has a trading account at Fidelity, where he typically follows trends and holds US stocks for less than a year. He said he invests in companies that he and other millennials love.

"I take advantage of fractional shares and averaging with this account," Hudgens said. "The plan is to not sell these investments, although I will adjust if needed." He plans to add $300 a month to this account over the next five years.

 

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