TLDR; I will have roughly 6,300 USD by the end of this summer from my job, how and where should I invest it? (Apply Californain laws if need be)
I've been working a summer job at a tech consulting firm, earning 20 dollars an hour this summer. I am currently just shadowing other people in the office and have been doing mundane tasks the manager doesn't want to do himself. I have projected to earn around 6,300 give or take a couple hundred.
With this money, the only expense I will have to pay is my car insurance which will cost a lot. (I live in California, and am a teenage male, to make matters worse for my insurance, I own a classic car)
With the money, I have left over from my job this summer, how and where should I invest it? I am hoping to open something along the lines of a high-yield savings account since when I attempted to get into stocks and bonds last year (another random fixation I had for a month) I wasn't able to invest any money because my dad didn't want to have to do the taxes for my stocks. (He doesn't use stuff like Robinhood, from what I heard he has his financial advisor)
Submitted June 26, 2023 at 12:04AM by Pesternot https://ift.tt/xlHiqrS
