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Your first step is to have a realistic goal / timeline. You can't just "flip" money. You can invest and have gains, you can also have losses. As for where and

Your first step is to have a realistic goal / timeline. You can't just "flip" money. You can invest and have gains, you can also have losses. As for where and how, it's all based on your risk profile. Ie. What can you lose without causing any issues. You have to get out of this flip mindset though, it's an unhealthy way to look at it and could lead to making mistakes. Visit robinhood.com (they get some flack) but they're really a good way to get into stocks. Watch some youtube videos, tons out there some good, some bad. Take an average of their suggestions then build your own plan.

lhorie 6y ago
Honestly, if the plan is to spend time learning something, learn something that can give a baseline steady income first. Trying to double your last thousand dollars in the stock market (at the risk of losing it all) is not a great strategy compared to even the payout from a part-time McDonalds job. If you're going to learn skills, then might as well learn some marketable ones that can land a 5-digit salary job. Many people learn computer programming online (that's what I did), but there are many other paths, some with passive income potential, even. Once you have a more comfortable situation, and can afford to spend free time on risky bets without fear of losing the roof over your head, sure, go learn stocks.