Should a high-school student invest their (relative meager) savings?
I am a high school student, I don't really have much money, between one and two grand in my savings account. However, I have friends who are investing in both penny stocks and stocks. I do not really know much about the subject, but I do find it interesting. I receive no interest from my checking account, so I have been told I am misusing my money by not doing anything with it. From the suggestions of other people and myself I have narrowed down my options to: - Investing in stocks - Investing in penny stocks - Investing in bonds - Saving up for college - Save up for emergencies - Start thinking about retirement (which I have been told is never too early to start thinking about) Do you think investing in stocks with a small budget would be a good option?