At nearly 19 years old what should my priorities be?

rictus123

£170 a fortnight, sorry, £85 a week take home increase

bengalknights

try looking and ETFs ive got a lot of my money in these specifically asia pacific,BRIC and Fossil Fuel/Precious metal funds through barclays stockbrokers and since i bought them 3 years they have gained considerably in value and are still gaining.

rictus123

Thanks bengal but thats not for me yet. Opened a current account paying 5% on the first £2.5k. Right now i have about £100 in my current account, payday a week tomorrow. Im going to build up 2.5k in that and then maintain it at that balance. Or look to get a current account paying 5% upto 6k. Think LLoyds do this.

7891368

rictus123 wrote: »

Thanks bengal but thats not for me yet. Opened a current account paying 5% on the first £2.5k. Right now i have about £100 in my current account, payday a week tomorrow. Im going to build up 2.5k in that and then maintain it at that balance. Or look to get a current account paying 5% upto 6k. Think LLoyds do this.

4% gross between 5k and 7k
Vantage I think you're talking about

rictus123

Well might aswel maximise current account intrest aswel

closed

To put AER's into perspective, you could have made 6% tax free if you'd bought M&S on 24/5 and sold on 28/5 (ignoring trading costs).

vaporate

lol. Only a complete fool would just save and not see the world.

I went abroad alot when i was 19 for months at a time.

Only live once. You can't 'buy' your youth back.

I don't how ppl can save 'thousands;.

MOST ppl just survive on thier wages. What;s the trick?

rictus123

Well iv decided that little bit at a time im getting into shares...direct debit set up, plus can add in a bit more here an there when im more flush, itl all soon add up and a few years down the line il hopefully have a good return for my money, some good growth. Now id like to maximise my earnings. So much ideas

rictus123

Any tips on who to invest in? Speaking small sums but had a few payments into shares account. Got some m and s ones.....

Also any ideas for stuff to sell on ebay/making money in the evenings/on a weekend. Bar work/waiter is a nono!

welshguy_456

Well done on looking to your future at such a young age. Im suprised nobody has asked yet what it is you actually do as a job? the money your earning at your age is fantastic, keep going!!!