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 :)

  • abundantwaters@alien.topBEnglish
    1·
    1 year ago

    Buy a used vending machine and offer 25% of the profits to an apartment complex, factory, office, or somewhere that gets a good amount of customers without a vending machine.

    • real-venomrl@alien.topOPBEnglish
      1·
      1 year ago

      I’ve looked into that previously and the only machines I could find were 3 grand and up, but I know it can produce high yield over time.