Entrepreneur

If you wanna get some more -like a side hustle- you can buy and resell stuff from Facebook marketplace or whatever is popular there, I would recommend something you already know about and can know it's condition and value, honestly proud of you thinking like this in your age good luck 👏

Trading forex/indices

You're 15, don't listen to anyone telling you to play it safe. You couldn't be at a better stage to have financial drive at this age bc it afford you to take risks. Obviously don't be dumb with it, but if you're wanting to start a business or something, research it, identify a need, and go for it.

Learn how to code...UDEMY..YOUTUBE CHANNELS, find a problem fix it withban App or website and sell it for profit...repeat this and become rich!

Honestly just keep it in savings. You're young and the money can come in handy. Focus on growing that business.

Honestly if you don't need the 1400 now educating yourself in some stocks is a pretty good idea. NFA. Do your own DD see what you like and make a decision but in the end it's your hard earned money so do what makes you feel good.

Get a job

You could find help on this forum https://www.thefastlaneforum.com/community/

so dope man, keep killing it. your experience now will go a long way in the future

Great job! I worked during my teens and started businesses back then. Put it in a high yield savings account (hysa) if you can hit a deposit. You could also invest in a stock market. Just make sure you put it into an index fund and don’t touch it for a long time. Good luck! In 10 years, just in an index fund, it could be worth about $5,100.

I remember being 15 just a few years ago making posts just like this. Honestly if I could go back and tell myself what I know now, I'd tell myself to spend at least a year just full focus studying all aspects of business before actually trying to start a business. Maybe even two years. You'll save yourself a lot of time, effort and money doing that.

Do NOT use it to "educate yourself about stocks".... no, no, no...

thats very useless knowledge and you can learn that in your spare time....

use your money to learn new skills....to get ahead and to increase your (near) future earning potential and to fast track your development especially with respect to your peers and classmates....

like here....

https://teamtreehouse.com/ https://www.coursera.org/ https://alison.com/

leave this sub and go search for some side hustle sub

Travel…take out 20% and use the rest to travel…even if it’s within your own country, just travel as often as you can.

That's awesome to hear man.

Are you comfortable to tell about what business you are doing?

Enjoy being 15 and do save your money what the world.

Buy a used vending machine and offer 25% of the profits to an apartment complex, factory, office, or somewhere that gets a good amount of customers without a vending machine.

Try to invest it in business courses from people who have actual businesses instead of random university courses. Mentor ships are also good, try to find people killing it in your business and ask if they do mentorship and if they say yes then you have enough saved up and you're good to go!

Could you tell us more about your small business that had $300 in revenue?

Throw yourself a 16th birthday party.

Listen up youngster! :)

First off, the fact that you are here means you are light years ahead of your peers. This is the single most important fact that you have going for you because passive income is really a long term strategy. Compounding returns from an investment over time is the surest way to grow your passive income. If I were to give myself “investment” advice at 15 this is what I’d say…

1. The single biggest return on investment you will get on your money today is anything that upgrades your skills so that you earn more money from your work or that gives you knowledge that helps you grow your business. $16/hour as a dishwasher (my first job was dishwasher at a seafood restaurant at 15) is great. It demonstrates a strong work ethic, humility, and probably good communications skills because you had to convince the manager to take a chance on a kid for a physically demanding job. Assuming you have limited living expenses, you ought to be able to save a decent amount of money over the next few years.

2. I could do a whole sermon on the decision to attend college or not. The short version is that sometimes it’s the best decision in the world, other times it’s the worst (at least in the US). Make sure if you go you come out with a degree that pays well with as little debt as possible. If you decide college isn’t for you, get into a skilled trade that pays well. Don’t become a radiologist.

3. For traditional investing…you can just save up your money until you are legally an adult without missing out on too much income. Let’s say you could have invested $1k per month in an index fund for the next 2.5 years. That $30k of invested income would have grown to something like $34k. The key is getting used to investing a fixed amount of money consistently every month that you never see (and thus never get used to spending) that is diligently working for you behind the scenes. $1k invested every month for 40 years at a 10% expected average return (before taxes) is: $6.3 million. In theory, as you get older and earn more income you would increase your monthly investment amount by some portion of you raise (I like 20% of the raise amount.)

4. It’s good to have a long term mind set, which you are clearly cultivating through your research and reading, but don’t forget to enjoy your childhood and youth. In fact, if you can find a friend locally who shares this interest, so much the better. But either way…have fun. It would be a sad day for you in 70 years if you looked back on life and just saw work/savings for their own sake. Know what you are working for/towards, and be sure to enjoy yourself along the way.

5. Never stop learning. Some people do that through trying a lot of new things…some people read voraciously…some people are creative minds and come up with their own ideas. Whatever your style, make time for learning and keeping your mind engaged and fresh in the present.

Lastly…I just want to wish you well on your path. If your first business doesn’t work out, remember that means you are just one step closer to the next one that is a success.

Cheers!

Get a real job use the funds to go to post secondary and get a job that makes 100k+

Buy a lawn mower and mow lawns.

Couple of options I'd Recommend:

1. Keep it in Savings
2. Invest it in an Index fund like the S&P500 or FTSE All World
3. Hold it in a Cash Account where you get interest on the total amount (Trade Republic is great for this)

Ideally don't have your money just sitting there otherwise you're going to devalue the amount due to inflation!

Honestly, age aside, given what you are doing I'd probably keep it aside for working capital (think of it like an emergency fund for your day to day business spending).

Index investments etc are ways to keep wealth and potentially grow it over time. But it's not a way to earn money quickly unless you are very lucky. They are good to learn about, and index investing subjectively good advice that entrepreneurs often do with their wealth, but index investing is not entrepreneurship.

So if your goal is to be an entrepreneur, then the entrepreneurial thing to do is to use that capital to help you with your business.

Other ways to spend it:

1. Marketing (start small, test, spend more once you found a channel that work)
2. Equipment. E.g. Could a new computer help you to be more effective?
3. Self learning. E.g. could a $200 online leadership course or $20 Masterclass subscription help you to be more effective.
4. Graphic design to improve your small business branding and make you come across more pro.

For some reason, you asking this question is strange to me considering you left this response to another post: "Best bet is just staying in your industry as it will probably give you much better return than going into a whole new industry with much-too-high hopes, as chances are you will be overwhelmed by the required commitment for a small business even if it looks easy to run at the start, especially if its not an already developed business (which would therefore likely be ran mostly by its employees)."

Get into flipping stuff like furnitures

Self educate yourself ideally from free available resources and try to have multiply income at reams in the forms of small business who have a huge potential to grow, learn about vintage fashion it’s a niche which has huge upside in the future, if need more info feel free to discuss

You might wanna get an education. Something in economy(like entrepreneurship and new business) or law could really catapult your future to different heights. 1.4k really isn’t a considerable amount to get anything going on that scope. It’s gonna feed you and pay rent for a bunch of weeks at best.

Becoming successful usually takes a lot of time besides dedication. You don’t wanna be washing dishes barely hanging by working full time without any money to invest in your business ideas.

Make more

1. Save half - put that away to pay your future self for the work you have already done

2. Education - find some marketable skill you are interested in and study it. Programming is taking a turn these days with the advent of AI assisted development. Dev however is still needed and a very marketable skill that can be learned with time and practice XR is still a big area - developed with Unity and C# Blockchain is still big - solidity, rust Web is still going - python and JS AI is python, and JS for implementing

Sales is always in demand - selling someone else’s product is a viable way to learn This is soft skills or as we call it - power skills. Learning to get to a yes/no quickly, understanding folk’s drive and goals and build determination and regimen.

3. 3D product expansion - testing, creating/customizing other 3D products for sale. I for one have happily paid for an AirTag badge holder that I use everyday. Ex: https://www.etsy.com/listing/1165957764/3d-printed-apple-airtag-1-3-badge-holder There are many enhancements and customizations that could be made If you are into gaming and that’s your community, there is a possibility to 3D print avatars and characters Rarity also enhances the experience - creating one of a kind keychains based on in game accomplishments allows for peoples collector instincts to kick in.

Is there a way to grind (pay someone else to?) for in game achievements and resell those?

As for stocks - you can learn without spending your money if you want to: https://www.investopedia.com/simulator/

You're doing awesome. Keep going and learn to enjoy the ride rather than the destination (as tough as it will be). Sending positive vibes

Try to learn how to grab attention with marketing in the digital age it's key to success, utilizing facebook, instagram, tiktok, reddit anything that'll get eyeballs on whatever you want to sell once you master this skill it's just a game of trying different products/services until you strike gold remember not to change too many variables at once and track the traction of each change.

Whole Life Dividend-paying Insurance

So many stupid comments here…

What you should do is dive in head first and make mistakes. That experience is huge if you learn from them.

Good ideas: mowing lawns, power washing drive ways, picking up dog poop. Then use profits to bring your friends onboard and expand from there.

$1400 is not a lot of money, but you can start a multi million dollar business with it. What I recommend doing is first learning sales and marketing. I recommend starting off by getting this book called how to win friends and influence and people.

Work for someone til u have more money. Dont think that u are the chosen entepreneur and will be rich before 18. A opportunity WILL 100% appear in one moment n if u have saved some money ull be part of