As the title said, I’m 15 years old and have AU$1400 saved up. I no longer have a job and am working on a small business of mine, which has just $300 in revenue in the last few months.
The reason I’m here is because I’m not sure if I should invest in some compounding assets or something else, and if I should educate myself on stocks/dividends before making a decision?
I have read finance books such as Rich Dad Poor Dad, the Warren Buffett Way, and others, so I do know a lot about finance/business considering my age.
I previously had a job as a dishwasher for AU$16 per hour, and so I got $1700 from that after working for 5 months.
If I should ask this on a different r/, please direct me there so I can figure out what I should do :)
Do NOT use it to “educate yourself about stocks”… no, no, no…
thats very useless knowledge and you can learn that in your spare time…
use your money to learn new skills…to get ahead and to increase your (near) future earning potential and to fast track your development especially with respect to your peers and classmates…
like here…
https://teamtreehouse.com/ https://www.coursera.org/ https://alison.com/
Naw. Use university for that. Use this as a foundation for something in your 20s. Save it.