1 Answers: What should I do with $800 I got for my 16th birthday?
You don’t really have enough to invest. Anything that promises high returns is either a scam or risky as heck meaning you could lose it.
A savings account pays around 2.25% which means in a year on $1000, you make $22.50.
A 1 year cd might pay 2.75%.
You cant drop ship. Too young for paypal or any payment method.
Stock market is risky. Long term it will be fine but you need to start with $2500 and them add $500 a month for 20+ years.