So I am a Sophomore in Highschool, I will most likely get a part time job/internship in a month or two to work as a sales representative for a small business.
If I do well, I can make 10k+ INR per month or $500 PPP. I am planning on save 90% of it, cuz I will spend $50 on clothes or trips.
I want to invest that money in small cap funds, or small buisness, maybe till I get out of college, which is about 6 years from now. I think I will have $55,000 PPP.
I will keep it in small cap/flexicap till I retire. Should I do something differently? I see many people here have done some great things financially, A little help will be great.
More importantly, Should I just let it sit in small cap for (65-22= 43 years) with Maturity of $22 Million PPP or Should I invest it in my business, since I might be decent at selling, I could lose it all but I could also make a lot more.
So in short, I have no idea what I am doing. Please help me figure.
original posted by HotPollution659 to r/personalfinance on Thu, 29 Feb 2024 19:41:28 GMT.