I'm currently 16. I work a minimum wage job for usually 20(give or take 5ish hours) hours a pay period(2 weeks), so that is a source of consistent income. However, I do another job, that being reffing. There is a lack of consistent hours, but when I work, I make 30 a game, games being one hour and I probably get about 4 a month; however, there is a tournament coming up in which I get a lot of games, so more cash. Reffing is a direct deposit, so I will need some account that allows that. I've got between 5,000 and 6,000 dollars. I was looking towards CD's but I'm not sure if that's the best option and especially how long of a term I should go. Ultimately, the goal is to make money and am wondering what the best option(s) would be. Thanks in advance!
Edit 1(Lack of Information Clarification):
For future plans, I do plan to go to college(4 years,but things can change) the following school year after I graduate high school in 2020. I also think I will buy a car by the time I leave for college.
As for risk tolerance, I'd say I'd like to believe I could live with the losses. Of course, I've never been in a scenario where that has happened, so I can't give a 100% definite answer based off of experiences.
Submitted November 21, 2018 at 09:34AM by Squints_09 https://ift.tt/2PKblqE
