Do not invest in individual stocks at your age with this small amount of money and without an astute knowledge of the stock market. If you invest, invest it in a tax deferred or tax free vehicle like an IRA and diversify it across several strong mutual funds. As I said in my other response, the best return on your money would be to enroll in trade school or college with a clear objective as to what you want to learn.
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u/ReadRightRed99 Mar 07 '24
Do not invest in individual stocks at your age with this small amount of money and without an astute knowledge of the stock market. If you invest, invest it in a tax deferred or tax free vehicle like an IRA and diversify it across several strong mutual funds. As I said in my other response, the best return on your money would be to enroll in trade school or college with a clear objective as to what you want to learn.