Where should i invest my money at 16yo?

user373737

user373737

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I’m 16 and i have around 3500€ in savings. I’ve thought about investing some of my money, I’ve been thinking of investing maybe 1k this year as i don’t have a big source of income and i think it would be the best to keep some money if i ever need it.
Where should i invest this money tho? I’ve been thinking of s&p 500 and world indexes.
 
If you want to go safe, put it in the S&P 500 and forget about it for a few years. Keep adding to it monthly.
 
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I’m 16 and i have around 3500€ in savings. I’ve thought about investing some of my money, I’ve been thinking of investing maybe 1k this year as i don’t have a big source of income and i think it would be the best to keep some money if i ever need it.
Where should i invest this money tho? I’ve been thinking of s&p 500 and world indexes.
put 2k into sp and with the rest try making yourself a cashflow so you can keep putting more in hyra and investing account
 
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Invest in yourself. Get qualifications to increase your earnings capacity or buy a car.

Long term s&p is good too
 
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I’m 16 and i have around 3500€ in savings. I’ve thought about investing some of my money, I’ve been thinking of investing maybe 1k this year as i don’t have a big source of income and i think it would be the best to keep some money if i ever need it.
Where should i invest this money tho? I’ve been thinking of s&p 500 and world indexes.
Unless u wanna start trading Snp 500 and etfs are the best
 
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