Teenager financial advice..?

Im 15 and I am looking to do more with my money than buying things and putting it in a 0.4% savings account. I don't have a steady income but over this year I made a little under 1000 dollars. any ideas?Teenager financial advice..?
Uh, corporate bonds for a 15 year old? Don't think so... Wait until you learn more about the function of capital/equity/debt markets before you start venturing down that road. There's plenty of time. Individual corporate debt investments are not guaranteed even if the Fed is engaged in quantitative easing.





It's good that you're starting early. Stick with the savings account or cd for now to build up your capital. It sounds boring but this year alone, there are many equity and fixed income investors that have lost 40% - 100% of their investments. You're already ahead of those folks.





In the meantime, go to the library and start reading about investments to learn more about personal finances. If you have an aptitude for the subject matter, try investing on your own. If the topic bores you, find a good financial advisor to manage your investments.Teenager financial advice..?
you could put it into long term investments.. You could open a roth ira or a low expense fee mutual fund... I know this sounds terrible with current market conditions but as always the market will recover.. Right now you would be buying the mutual fund shares out low and in the long term gain. Also a lot of people are very negative about the economy and yes of course it's bad, but there is no reason to be so negative.. So, that's my advice to you put it into a low operating cost investment for the long term.. good luck
Yes, very good time to buy some investment grade corporate bonds on the secondary market.





Some examples a 4.6% Simon Property due 06/15/10 priced at $890 giving you a Yield-to-Maturity of over 12.9%





or look at Sallie Mae bonds, or Protective Life or American Express, all are available with short maturities and YTM greater than 10%
Buy gold mining stocks. With all this money printing going on inflation will be outrageous driving gold to insane levels, mining stocks do better than the actual asset. Of course you need your parents assistance to set up an account.