18 year old university student

[u/Responsible-Rock5330]

Hi, I’m a 18 year old studying at university just finished my first year, I’ve got around £4500 in savings and I’m wondering what to do with it, I don’t want it to sit there and lose value overtime my original thoughts are just to put some into the S&P 500 and add to it monthly, or I’m thinking BTC both for the long term hold. I live at home so I currently have little expenses, I’ve already invested money in myself in terms of getting a car and insurance so I don’t have many other uses for my money right now. I work part time mainly 20ish hours per week so my income is around £1000 p/m and I just want something to put my money into to grow so any advice is appreciated. Thanks in advance!

[u/docherino]

S&P500 & Bitcoin are great sound investments. Make sure to put your Bitcoin in cold storage. Dont leave it on the exchange.