My brother-in-law gave me $15K for my 19th birthday and called it “pocket money.” I’ve never invested before, so I’m not sure if I should put it somewhere or just enjoy spending it.
My brother-in-law gave me $15K for my 19th birthday and called it “pocket money.” I’ve never invested before, so I’m not sure if I should put it somewhere or just enjoy spending it.
It’s not much money to invest, but if you don’t need it and don’t have any big ticket purcases in you future I’d suggest opening a brokerage account and buying shares in an index fund.
Given the situation these days, even index funds aren’t a sure thing, but it’s about the best thing I can think of for that amount of cash.