I'm 19 and have over $15k saving, how much of it should I invest, and what to invest in?

Be careful on any advise received n be informed.

Invest in ownself the best form of investment.

Do you know your risk profile? (How much you are comfortable with invested in what type of risk vehicles?)

The most important asset that you have right now is time. Invest in your knowledge, learn how to invest in great companies. In the long run, you will be able to compound your capital several times. Using $15k, you can be very selective and invest in 3-4 great companies. Go out and learn!

Hi Anonymous!

First thing first, i think you should be commended for your maturity and humility in thinking of and asking for help on personal finance.

Like the phrase, personal finance is not just about math and logic but it is also PERSONAL. So it boils down to your plans, ask yourself these questions:

1. Can i predict when i will get married?
2. Can i predict when an emergency might hit my family or myself?
3. Can i predict whether or not i will buy a luxury item?

Now the bottom line is this, there are a few things in life you will never be able to predict, like qn 2 and to some extent qn 1 too.

There are however decisions like qn 3 which are within our control. So what I'm saying is this:

1. At your age, there are too many variables to do "long term" investment at a substantial amount, so start small and experiment. Use at most 10% to trade and learn more about the financial markets. Education is more important than results at this moment.
2. Keep a prudent emergency fund, even if your parents are supporting you financially. #adulting
3. Learn, learn and learn. Continue to ask great questions like this one and continue to learn. I'm sure you will do just fine financially 😊👍

First put away six months worth of emergency money

next ensure that your "defenders" (insurance) are in place

then go for investment courses to learn how to invest and what to invest