Investing for Teens?

Hey everyone!
Just trying to get some ideas on how my teen siblings can start investing. Any thoughts?

Hey @shebudgetss!

IN GENERAL, I think the most important thing for a teens financial future is making sure they go to college, minimize debt, and get a good degree that leads to a high income career. That will pay much higher future returns than investing a bit of money in their teens.

THAT SAID, I think it’s great to start learning and get started early. You need to be 18 to open your own investment account, but they could open a joint account with a trusted adult. If they have a job, it could even be a Roth IRA (you need earned income to contribute to a Roth IRA). I’d suggest doing that and putting some money in! Fidelity offers a bunch of no transaction fee, no minimum index funds. Some even with a zero percent expense ratio. I think those would be great funds to hold for many decades in the future! :slight_smile:

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