use local library for local investment ideas/plans.
I'm living in Australia at the moment and I'm studying a psychology degree. I make around $150-300 per week, and I have virtually no living expenses (living at home at the moment, however, I will have to start paying rent soon). I'll usually make around/over $1 000 per month, and spend about $50-100. I already have $20 000 in my savings account, with an interest rate of 3.9% and some stocks in Telstra (given to me by my grandma).
What could I do to maximize my savings account? Would you recommend investment in more shares? Is it better to go low-risk or high-risk? My parents lost a lot of money in shares so I'm a bit nervous about entering the stock market considering how inexperienced I am.
