Senior in high school here with $~1,300 saved up in a 3% interest savings account. I most likely won't be touching the money for at least a year. Is the savings account the best place for me to put it? I don't know much about investing and want to grow my money faster.
Suggestions?
>Pic unrelated
Buy 1300$ worth of silver.
Get a robin hood app on your phone and put 1300$ into AXAS stock, wait a few months for oil to go back up and make bank
Put it all in SPXU. Crash soon brother.
Las Vegas
Bet it all on Red
Investing is something to be done by someone with a steady income and a long time horizon. It's nice that you're interested in making smart choices, but come back when you have a job.
So, yes, a kid in high school with some lawnmower money that he's going to spend in a year should not be looking at anything more than a savings account.
