Does my boss legally have to send me my payslip every week as currently I haven’t received it in over a year and secondly should I be receiving my pay 2 working days before the weekend?
I’m 16 and currently have around $7,000 in savings sitting in a bank account, but the interest I earn feels tiny. Recently I started investing with about $500 just to learn and I’ve actually had relatively good gains so far. I currently invest around $50 weekly, and my savings continue to grow each week from my job as well.
I do want to invest more, but I’m unsure whether I should start taking more money out of my savings to invest, or just leave the savings alone and only invest money from my weekly pay.
I don’t really have any major expenses right now, so I’m wondering how much of my savings people think I should realistically be investing at my age.
Would you keep most of it in savings and slowly invest over time, or be more aggressive while I’m young? Just looking for general advice and what others would do in my position.