Also, the person who gave you this “advice” doesn’t understand investing and you should probably avoid listening to them in the future.

Do you want to buy assets when they are relatively cheap or relatively expensive? This is the best time to buy.

Can we create a pop-up that appears if you’re detected writing a post about HYSA options that asks, “Have you looked at any of the five million other posts asking this exact same question in the last month?”

Please don’t turn around and buy another sports car you don’t need at some absurd interest rate when you finish basic. I’d hate to see you on r/justbootthings next year. The days of the $5K used Civic are over but get something sensible and focus on building up some savings.

This is another reason that target date funds are helpful. They automatically shift allocations to less risky assets as you near the titular year. Set it and forget it.