Investing 1.2k bi-weekly as a student

For the following eight months, I will get $1,200 after taxes, paid every two weeks. How should this money be invested, in your opinion? I continue to attend college.

When it comes to investing, should I use a lump sum or dollar-cost averaging?

Furthermore, what is the likelihood of obtaining the maximum profits if I invest in individual stocks? Earning twice as much in a few years is a great idea.

In eight months, with biweekly payments of $1,200, I will have about $20,000 to invest. I can afford to let it grow for a while because I am in college and won’t need this money for at least a year or two.

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