real-venomrl

joined 11 months ago
sorted by: new top controversial old
15 year-old with $1400.. what should I do? in c/entrepreneur@indiehackers.space
[–] real-venomrl@alien.top 1 points 11 months ago

Ok I’ll look into that. Thanks!

15 year-old with $1400.. what should I do? in c/entrepreneur@indiehackers.space
[–] real-venomrl@alien.top 1 points 11 months ago

Working on it :)

15 year-old with $1400.. what should I do? in c/entrepreneur@indiehackers.space
[–] real-venomrl@alien.top 1 points 11 months ago

I would but I don’t know anywhere i could store the furniture or other things I could flip since my house doesn’t have spare room.

15 year-old with $1400.. what should I do? in c/entrepreneur@indiehackers.space
[–] real-venomrl@alien.top 1 points 11 months ago

I sell gaming keyrings based on a game I play called ‘rocket league’. I am also about to sell 3D printed one-hand book-holders. Once I come across more ideas I’ll have more reach marketing-wise to increase revenue. I have also made custom prints for some people which contributed to the $300 in revenue.

15 year-old with $1400.. what should I do? in c/entrepreneur@indiehackers.space
[–] real-venomrl@alien.top 1 points 11 months ago

I’ve looked into that previously and the only machines I could find were 3 grand and up, but I know it can produce high yield over time.

15 year-old with $1400.. what should I do? in c/entrepreneur@indiehackers.space
[–] real-venomrl@alien.top 1 points 11 months ago

I might end up getting one but I want to see how my business goes first as it will end up earning me more money than working for someone else if it does well.

15 year-old with $1400.. what should I do? in c/entrepreneur@indiehackers.space
[–] real-venomrl@alien.top 1 points 11 months ago (4 children)

Will do thanks for the advice.

1
15 year-old with $1400.. what should I do? (alien.top)
 

As the title said, I’m 15 years old and have AU$1400 saved up. I no longer have a job and am working on a small business of mine, which has just $300 in revenue in the last few months.

The reason I’m here is because I’m not sure if I should invest in some compounding assets or something else, and if I should educate myself on stocks/dividends before making a decision?

I have read finance books such as Rich Dad Poor Dad, the Warren Buffett Way, and others, so I do know a lot about finance/business considering my age.

I previously had a job as a dishwasher for AU$16 per hour, and so I got $1700 from that after working for 5 months.

If I should ask this on a different r/, please direct me there so I can figure out what I should do :)