real-venomrl@alien.topB to EntrepreneurEnglish · 10 months ago

15 year-old with $1400.. what should I do?

1

15 year-old with $1400.. what should I do?

real-venomrl@alien.topB to EntrepreneurEnglish · 10 months ago

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 :)

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TwistedMeta_TM@alien.topB
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10 months ago
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  I might end up getting one but I want to see how my business goes first as it will end up earning me more money than working for someone else if it does well.

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