Yesterday I invested 2200€

[Lokki]

2200€ is a huge amount of money for a teenager my age. I put 500€ into a Finnish wood/pulp/paper company since its the lowest its been in years and also 1700€ in a world index

Thats about it

@laaltin @Jason Voorhees

 

[Jason Voorhees]

If I were you I'd buy some stash from a supplier and try to make a quick buck if you know what I mean. You are still minor so exploit it

 

[chadhamed]

How you make 1700 being a tenager?

 

[Yonee]

that's 6k gel for me that's insane i wanna stsart but idk how im hella lost

 

[Lokki]

If I were you I'd buy some stash from a supplier and try to make a quick buck if you know what I mean. You are still minor so exploit it

My friend did it, but he was too retarded and put all into his bank account so the fucking finnish IRS called him asking why he got so much money In small payments from different people and if he was working a job without paying taxes

If they had seen what he looks like in real life they would've caught him but they didnt so he lied his way out of it

 

[Lokki]

How you make 1700 being a tenager?

I do a part time job every summer and other holidays when some company is willing to take me

I made about 1500 last june, and then got about 900 in August

 

[Jason Voorhees]

Instead of investing a lump sum amount I'd suggest doing an SIP that way you would still be investing and will be able to enjoy your money. You have already made good money for a Teenager tbh. I was completely reliant on my parents at that age. You could use that money to start a small scale buisness or save up for your uni if that's free in your country you could use it to cover your uni expenses

I do a part time job every summer and other holidays when some company is willing to take me

I made about 1500 last june, and then got about 900 in August

 

[Lokki]

You could use that money to start a small scale buisness

My mom started her own company a few days ago, she's a psychotherapist now and she wants to be able to do whatever she wants so shes renting some place and starting her own company. She told me that I should start some small company under her companys name.

She said it would be really good for me if I had my own business, but id really need to first know what I would be doing in the business

 

[Jason Voorhees]

My mom started her own company a few days ago, she's a psychotherapist now and she wants to be able to do whatever she wants so shes renting some place and starting her own company. She told me that I should start some small company under her companys name.

She said it would be really good for me if I had my own business, but id really need to first know what I would be doing in the business

You can start some busines selling merch for your mom's company but that's very cliche but I don't have many ideas for what you can do at your age. Maybe you can create snackboxes that you can sell at your mums clinic.

 

[DeadmansWonderland]

You have a good head on your shoulders. Although, I would have suggested you have done an ETF or Index Fund. Or you could YOLO it on a meme coin for fun.

 

[Lokki]

Although, I would have suggested you have done an ETF or Index Fund.

I literally learnt what these things meant today in class, and I've done both of those before too, and theyve increased in value by 700€

Its one of those many investments that my dad has done with my money when I was a little kid

 

[Askeladd93270]

You must be really confident it will make you money if I were you i would've brought an e39 and ask my parents to buy my license but then you would have to pay gas yeah good investment I guess

 

[6ft4]

I invested a similar amount of money in my mid teens by giving money to my father to buy stocks with and I withdrew the profit about 4 years later.
I predict success in your future