So i went to a focus group purely to provide feedback, now i have a 75 dollar giftcard which i have to select and withdraw but im not sure what to put the money towards? my older brother also got one. Yes i live with parents so most of my living needs are already covered.
What would be the smart thing to do here? what would you suggest and why so?
Sell it, or buy and return items to make cash, invest it.
Can i have a example of some of the investments you said? are you saying i start something like a ebay?
For investment, something like fxaix (Fidelity 500 index) or vti (Vanguard Total). You need a brokerage account. $75 might be too little to seed an account, depending on the company. Schwab, Vanguard, Fidelity, Robin Hood.
Don’t buy a single company, don’t by meme stocks, don’t buy a mutual fund with high expense ratio, don’t buy “money market fund” or similar.