![]() |
|
| *Home>>>Income Fund |
Im 14, when can i start investing or start buyimg assets, Mutual funds, stocks, all of those things that ...? |
gather up and produce income, i really hear great things about this and i read like a million books about that stuff and i just need help from others on how to get started at an early age. At age 14, it depends on your parents/relatives. Basically, they can open up a custodial account for you and let you do what you want. Talk to them about it as well as some investing firm (Jones, Schwab, etc). There are some online stockbrokers who offer "play" accounts where you can invest virtually and see how well your stocks and funds would have done. You might want to try your hand at these before entering the "real" financial world! try eTrade, for instance. Your parents or anyone over 18, like grandparents, uncles or even friends can open a custodial account for you as mentioned above, but they have to do the trading in that account not you like mentioned above. The brokerage firm can not take instructions to buy or sell from the minor. TD Ameritrade. |
| Tags |
| Investment Account Invest Money Invest in Gold Invest Fund Income Fund HYIP High Yield Hedge Fund |
| Related information |
If you're close to retirement age (within 10-12 years), play it safe and go 401K. If you have time to get into real estate, go with the multifamily. Thirty years ago, home values were abou... |
Categories--Copyright/IP Policy--Contact Webmaster |