How to grow my wallet

[noah9821]

I’m 15 and my part time retail job working as a casual has earned me around 4K, how can I use this money and grow my wallet bigger?

 

[starborn3995]

I’m 15 and my part time retail job working as a casual has earned me around 4K, how can I use this money and grow my wallet bigger?

try e commerce, its hard but u can earn really good if u scale it ive personally made 3k in the last 1month by reselling perfumes mainly and some tires

 

[Deleted member 284650]

Buy a bigger wallet

 

[FBl]

Water it

 

[Oopity]

I’m 15 and my part time retail job working as a casual has earned me around 4K, how can I use this money and grow my wallet bigger?

Okay young bhai listen up. I'm going to assume you don't want to work more so really you're asking how to invest.

The first thing you'll proably find out about is stocks. This is like the typical line going up and down, and ideally you'd want to buy low sell high.

HOWEVER, rule one YOU CANNOT PREDICT THE MARKET. Trying to do so will give you suboptimal returns or even lose you money. Your ego will say otherwise, but very smart people get paid 6-7 figures to beat the market by a fraction of a percent while not losing money. So your best best is investing your 4k in a diverse amount of different stocks to minimise risk (not putting eggs in one basket). Easiest way to do this is investing in something like the S&P 500. You will out your 4k in this and very rarely touch it.

Rule two is any idea of higher returns also comes with higher risk. There's things such as derivatives and also just volatile (go up and down fast) stocks which will basically be a gamble so I'd avoid. No everyday person can ever get fast "free money"

 

[noah9821]

Is there any good methods or guides u recommend?

try e commerce, its hard but u can earn really good if u scale it ive personally made 3k in the last 1month by reselling perfumes mainly and some tir

 

[starborn3995]

Is there any good methods or guides u recommend?

there will be many none that i am aware of i used to buy off my supplier in china and resell it , u can use shopify etcetc facebook marketplace and many other things , offline also, depends on how u want to handle taxes

 

[poreskin]

I’m 15 and my part time retail job working as a casual has earned me around 4K, how can I use this money and grow my wallet bigger?

Do u live in america also how the hell did u find a job please explain

 

[Bunwtf]

juggmaxx and hit a lick on some grannies like a real nigga

 

[noah9821]

Do u live in america also how the hell did u find a job please explain

Nah Australia bro and I got it through connections