Is it even worth trying to invest $15K?
jqubed @ jqubed @lemmy.world Posts 54Comments 2,009Joined 2 yr. ago

jqubed @ jqubed @lemmy.world
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Farewell to a fish called Muddy, and a logo that upended minor-league baseball
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Does free university also mean free housing and meals? If not then you might still want to set some aside for university or invest some in some account that lets you easily access the money if you need it in the coming years. Beyond that the rest of the advice in here applies: take some amount for something fun or useful, pay off/down any debt you might have, and invest the rest. You’re young so I assume you don’t have much debt. Investing with a long-term mindset can work fantastically for you at this age. Obviously there’s a lot of short-term uncertainty in the world today, but if it’s money you don’t need now, the long-term risk/reward or cost/benefit leans heavily towards investing what you can now.