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/biz/ - Business & Finance


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1273572 No.1273572 [Reply] [Original]

/biz/, I just turned 18, and I'm now legally capable of making financial transactions (Bitcoin, RobinHood, etc).

I have $1000 and I'm planning to work this summer to make more. What do you recommend I should do with my savings? Should I buy some low risk/reward shares with Robin Hood?

Pic slightly unrelated, btw.

>> No.1273726

bitcoin

>> No.1273730

>>1273726
Kek

>> No.1273734

>>1273572
Etherium is doing really well right now desu

>> No.1273757

>>1273734
lol

>> No.1274633

>>1273734
>tfw I fell for this meme

>> No.1274659

>>1273572
Don't do anything at all, dude. Seriously, why do you guys even bother us with these kinda sums? If you'd have say 10k+ you'd expect a serious reply but this is kid's stuff.

>> No.1275309

>>1274659
Alright let's say I have 12k

>> No.1275319

Savings is called savings for a reason.

>> No.1275320

>>1275309
Ethereum. Not even shilling you. Look it up.

>> No.1275322

Go Bitcoin

>> No.1275323
File: 340 KB, 1502x1502, indiana_moretz_blowjoblips.jpg [View same] [iqdb] [saucenao] [google]
1275323

>>1273572
1k? buy some quality beer and whiskey

>> No.1275428

>>1273572
Trumpcoin. BTC and ETH are already overpriced. TRUMP hasn't even left the launch pad.

>> No.1275443

>>1273572
Put the 1k in the bank and don't touch it

>> No.1275485
File: 202 KB, 680x750, 1454221286407.jpg [View same] [iqdb] [saucenao] [google]
1275485

Keep saving your money and gain capital

Majority of young people are 30k+ in debt and have no job or are working part time min wage jobs, and have no savings at all.

Let that sink in, get a head of everyone. Start investing later

>> No.1276189

>>1273572

Same here but I dont think you will find a job this summer because I presume you are from Spain too.

>> No.1276196

>>1273572
You don't have enough to open a vanguard account, or I'd suggest doing that and plopping all your savings in a low fee index driven fund.

>> No.1276520

>>1273572
You can obtain bitcoin at any age. There is no age limit

>> No.1276902

>>1276520
On exchanges there are age limits