I’m 16 (17 next week) in the UK and currently have around £800 while making about £288 a month from a part time job. I want to start investing properly instead of just leaving my money sitting there, and I’ve been looking into things like a Junior Stocks & Shares ISA or Saving Accounts.
I’m interested in investing mostly into index funds like the S&P 500 or global funds, but I’m still pretty new to all of this and don’t want to make dumb mistakes early on. I get that there are quite a lot of people my age who talk about day trading and stuff like that but I don't really know what to believe online anymore.
Can someone please point me in the right direction or any advice as I don't want to make mistakes early on?
Thanks!