I'm 17, How can I "Hide" or invest my savings?

Basically I'm nearly 18, I've worked all through school and been frugal as shit, and now I'm at University with 5 grand in savings, and another grand in a spending account for gas/car repairs/clothing/food.

Lately everyone around me has been annoying as fuck, I've never let anyone know that I have money saved, they all assume I'm too stupid and spend it on alcohol and weed like the rest of them. My brother burns through 100% of his salary on meth (i'm not joking) my mum has a gambling addiction, I haven't seen my dad in ages, my girlfriend works full time but is always asking me for money, I don't budge when it comes to this. Basically I just pretend like I'm living off the $100 cash i have in my wallet, which I am for the most part.

The thing is a few times my mother has tried to access my bank account or make passes at me like I owe her for raising me and putting a roof over my head etc. etc.

A few times I've had to show her my bank statement for a separate account i've created purely so that when I get sent statements it shows I've only got $50 to my name.

I'd really like to invest my 5 grand instead of trying to hide it from the pieces of shit around me. Honestly, I don't really expect a whole bunch of replies, I just want to know, what would you do if you had a spare 5 grand, with enough money to keep you sane till the end of the year (When I might be moving out)

  • Hey bro! I feel ya. Your situation must not be easy. I'm 22 and have 15 grand in savings. I too have the same questions as you do. I think I'm going to invest 5 to 8 grands in stocks and will keep the other half for now. If I am having success in trading, I might as well invest all of it! Hope this can help a little!  ̶  Synergy_Dave Oct 06 at 02:01

4 Answers

0

Bro, You can really hide this with the help of the Banks that are lies to the nearest to you,

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Have a look at here and find which would be the nearest to you.

And saving money is really very nice.

If you wanted to save your money then try to invest too.

This will make your money double after some span of time.

0

If you are 17 or 18, it’s the right time to think about the investment of your savings. You must think more on that and I think it’s the right time to think about your future investment. The article well described on that and keep updating more.

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