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I am 15, is there anything I can invest my money on? |
I am 15, is there anything I can invest my money on? You can have your parents setup a UTMA or UGMA account so you can buy/sell stocks and mutual funds, or have them setup a 529 plan to save for college. However for you to just invest by yourself you have to be 18 A lawnmower. Put money in S&P 500 Index fund. If you end up getting a degree in Finance or Economics, you will know why it is the ideal balance between Risk and Return. |
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