Alright, I need some direction in life.....
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Joined: Jan 2003
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From: Seattle/Los Angeles
[QUOTE]Originally posted by VTEC_Junkie
btw, if any broker (old or young) does know the secret to making serious money on the stock market, this broker would not be a broker anymore, but would be a retired millionaire/billionaire.
btw, if any broker (old or young) does know the secret to making serious money on the stock market, this broker would not be a broker anymore, but would be a retired millionaire/billionaire.
Joined: Oct 2003
Posts: 528
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From: St Paul
1) Pay your first year of college tution. If you do it right, you'll have a great career & the $$ to buy what you want, when you want. At your age I'll bet that an education will pay off better in the long run than any investment.
2) Down payment on real estate. Housing is generally an appreciating asset. Anything auto related is a depreciating asset.
--Mike
2) Down payment on real estate. Housing is generally an appreciating asset. Anything auto related is a depreciating asset.
--Mike
Joined: Sep 2002
Posts: 4,594
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From: Judo Town, USA
Since you are doing so well financially, at such a young age, chances are good that you will be okay for funds in the future.
My advise is to consider that life is very short, and that you should strive hard to fullfill your dreams.
To be 18 years old with a turbocharged S2000 is a damn fine dream. It is something to be proud of, and it will reinforce your ability to fulfill your goals in the future.
-Pete
My advise is to consider that life is very short, and that you should strive hard to fullfill your dreams.
To be 18 years old with a turbocharged S2000 is a damn fine dream. It is something to be proud of, and it will reinforce your ability to fulfill your goals in the future.
-Pete
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Joined: Jun 2002
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From: Brookfield
youve got 15K.....i would but abotu 10 into the market, and spend the remaining 5 wisely, but for the most part however your heart desires!!!
Im 21, and i was in a similar situation (not as much $$$$ though) and i didnt go with my heart...i invested it all.
Granted im broke right now aside from that invested money, i still fee good about investing it and not blowing it all, but also feel bad that i didnt spend a little bit of it! Oh well...you live you learn.....thats life!
Im 21, and i was in a similar situation (not as much $$$$ though) and i didnt go with my heart...i invested it all.
Granted im broke right now aside from that invested money, i still fee good about investing it and not blowing it all, but also feel bad that i didnt spend a little bit of it! Oh well...you live you learn.....thats life!
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Joined: Jan 2002
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From: Atlanta
I see that you live in atlanta and real estate is a great investment right now. Buy a loft, condo or something in the old business district (castleberry hill's or in the vicinty)while they are still reasonable, rent it (which will happen overnight)and keep buying more once the cash starts flowing in. Then you will have $ for your supercharger and other toys you want to buy in the future.
