What’s the best short term, lowest risk way for a 17 year old to invest, say $100?
Stocks? Bonds? Mutal funds?
I’m not looking to have a million or so by retirement, just some cash to buy a car (or something) sometime next year. Although, a million would be nice…
Simple answer: There is no short term low risk way to invest $100 and get back a car next year. (In fact, the only high risk way I can think of is lottery tickets.)