I’m 18, currently earning about 150 pounds a week alongside doing a levels online. Luckily, despite many offers to pay rent, my folks own their place so other than occasionally contributing to food costs and stuff, my income is basically all disposable. I’m lucky enough to have a solid trust fund i can fall back on in the short term. For the relatively long term, I’m thinking of depositing 50 pounds a week in VWRP as a sort of ‘set and forget’ thing. Any thoughts? Is it worth balancing the risk with bonds or commodities? Any thoughts just let me know.
PS: thanks to everyone on this sub who told me to buy an ETF rather than trying to play the market with very limited knowledge. I ignored you, I’m sure you can all imagine how that went. Only ever deposited like 150 though so easy come, easy go I suppose.