I am 16 years old, and quitting my job today. Over the summer I made $1,000. My parents are very supportive and I really have nothing to spend this cash on. I know it is not very much but I'd like to learn a bit about personal finance. My mother advised and explained to me a mutual fund, which is like buying stock in multiple sectors but it is automatic. That sounds pretty enticing to me. Ive studied a lot about budgeting and 401k's but i really cant do those now. Do you guys think a mutual fund is advisable?
Submitted July 08, 2018 at 11:07AM by Azov-A30B https://ift.tt/2KSigeh