Hey, I'm a 16 year old beginning investor. I have a major goal in life, which is to become a millionare in my 30's or less. Right now I have nearly 8,000 in an S&P fund for long term, $1000 in market account avg. 5% a year, and 100 with me all the time. All money I get first goes into my wallet to make sure I have money with me, the rest will go into my $1000 market account to maintain 1000, and assuming those 2 priorities are taken care of, which they usually are, I put the rest into my long term account. I get $20 alowance each week, but I really want to make more money to ensure future wealth at a semi-early age. I really don't want to get a typical job, but if anyone has any good ideas that a 16 year old can do that arent illegal, please let me know. Even if theres not all that much money, as long as I make alittle bit, its worth it.
2006-09-10
16:51:18
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7 answers
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asked by
Anonymous
in
Investing