Tag Archives: young

Investing for Teenagers

We were thrilled with all of the questions we got from teenagers wanting to invest in the stock market after our last video. Instead of answering everyone individually, we decided to make a video about it!

In the video we discuss how we would invest in the stock market if we were under 18. Keep in mind, we’re not qualified to give you this kind of advice. We just remember being young and confused. All we wanted was someone to spell out ONE WAY of investing, just to show how it works.

UPDATE: You need what’s called a “custodial account” at vanguard if you’re under 18. You have to call them to set it up.

More Info: https://personal.vanguard.com/us/insights/article/teen-roth-072014

Why Don’t They Teach This in School – https://goo.gl/wrDl29
12% Returns – https://goo.gl/y1XZJf
Vanguard – www.vanguard.com
Further Reading – https://jlcollinsnh.com/stock-series/