Hey guys, I am currently a CS major college student that makes money doing a business on the side with shoes and I want to be invest the money.
I am a freshman so I am 18 years old, I don't really have a monthly or yearly salary, it varies but I think its fair to say that I make at least a few hundred per month which I don't mind throwing in investment. For me, I don't expect this money to buy me a house but I expect for it to rise up over time. I have no sort of financial expenses that I personally need to worry about as my parents do cover most of it thankfully. I don't have any holdings right now although I did receive advice to download Robinhood App and put a few hundred into S&P 500 which I have done so. I want to have an investment that is as safe as possible and grows over time. I don't mind putting this money away for 5 years at most, anything more then that is kind of pushing it as this is money that I could use to enjoy and spend on myself but of course its nice to have money later on but I don't want to just completely be broke now. Also if possible, I want it where I don't really have to manage it and that I can just give the money to an entity/company/person and they do everything and 5 years from now I say hey, how much money did I make?
Any sort of advice, especially with specific places for me to go and do an investment would be extremely appreciated.
Submitted September 10, 2018 at 11:43AM by TheMohammadmo https://ift.tt/2NCwi5e