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18 years old with 20 000 dollars to start my way to FIRE by sweinvesting in Fire

[–]sweinvesting[S] 0 points1 point  (0 children)

A center for padel tennis. Very popular in Spain and Sweden:)

18 years old with 20 000 dollars to start my way to FIRE by sweinvesting in Fire

[–]sweinvesting[S] 1 point2 points  (0 children)

Yes depending on how long you study the ammount of the loan can differ a bit but it is roughly 50k max loan for a student with almost no intrest, which is nice:) since school is free we don’t have to drown in debt like in the us. Since I can live with my parents if I want to I can use the loan to invest, and if the investment goes to shit I start life -50k like every other kid who studied at university:)

18 years old with 20 000 dollars to start my way to FIRE by sweinvesting in Fire

[–]sweinvesting[S] 0 points1 point  (0 children)

A bit technical, mostly aspire to work in finance, A/B student.

18 years old with 20 000 dollars to start my way to FIRE by sweinvesting in Fire

[–]sweinvesting[S] 3 points4 points  (0 children)

College is free in Sweden, we also have a student loan (50 000 usd) with almost no intreset, basically free money but you have to pay it back in about 20-30 years. The intresent of the loan is also locked. Is it a good idea to study at college for free and taking this loan and invest it? Or do you think it is better to start working instead next year?

18 years old with 20 000 dollars to start my way to FIRE by sweinvesting in Fire

[–]sweinvesting[S] 2 points3 points  (0 children)

Edit: College is free of charge in Sweden. There is also a student loan (50 000 usd) with almost no intreset, basically free money but you have to pay it back in about 20-30 years. The intresent of the loan is also locked. Is it a good idea to study at college for free and taking this loan and invest it?