Money has always fascinated me. The different ways to make it, spending it, what it makes people do, even how it feels to count it. Recently, I have looked at money, specifically making it, as a game. The objective being, having the most amount of money that I can. I do odd jobs for friends and neighbors (babysitting, snow shoveling, lawn mowing, ect...), but I have started branching out and doing other things. At my school, I sell drinks and chips at passing time, and I return bottles and cans for 10 cents each. None of these activities make me a lot, however all together I average about $100-$200 a month. This isn't a lot, but as a teen I feel that it is more than enough.
When I was born, my parents were unwed, and living in a small two bedroom apparent with my Grandmother. As I grew up, my family started to have more financial success, however I recognized that I never wanted to struggle like my parents did when they first had me. Fast forward the end of this summer, I had $0 to my name, and started thinking about my future, and I decided to set a goal for myself, that I would have $1,000 saved in my bank account by December 31st of this year. So, at the end of August I started to look for work to make some side money, and I generated a few semi-reliable streams of income that will allow me to hit my goal. As the end of the year approaches, I am thinking about what goal I will be setting next, and I thought that having $10,000 saved by the time I am 18 (Nov 28, 2021) would be appropriate. If I did nothing extra, and continued to use my current income methods, I would have to make a little above $275 a month. I don't see that being obtainable with my current situation, and I would like to look into, and learn more about investing.
On January 1st, I am looking to invest my $1,000 into something. I am not looking to invest into a server, or any mcm company, rather I am seeking advice on what I may want to look into. I have considered penny stocks, stocks, loans, crypto-currency, an online company started by myself, and a CD with my bank. Obviously some of these have more risk than others, however if I am looking to get 10x my original investment of 36 months, what would be the best avenue?
TL;DR
Looking to invest $1000, don't know what into.
When I was born, my parents were unwed, and living in a small two bedroom apparent with my Grandmother. As I grew up, my family started to have more financial success, however I recognized that I never wanted to struggle like my parents did when they first had me. Fast forward the end of this summer, I had $0 to my name, and started thinking about my future, and I decided to set a goal for myself, that I would have $1,000 saved in my bank account by December 31st of this year. So, at the end of August I started to look for work to make some side money, and I generated a few semi-reliable streams of income that will allow me to hit my goal. As the end of the year approaches, I am thinking about what goal I will be setting next, and I thought that having $10,000 saved by the time I am 18 (Nov 28, 2021) would be appropriate. If I did nothing extra, and continued to use my current income methods, I would have to make a little above $275 a month. I don't see that being obtainable with my current situation, and I would like to look into, and learn more about investing.
On January 1st, I am looking to invest my $1,000 into something. I am not looking to invest into a server, or any mcm company, rather I am seeking advice on what I may want to look into. I have considered penny stocks, stocks, loans, crypto-currency, an online company started by myself, and a CD with my bank. Obviously some of these have more risk than others, however if I am looking to get 10x my original investment of 36 months, what would be the best avenue?
TL;DR
Looking to invest $1000, don't know what into.
