Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
The Best Investments For Teens And How To Start
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Yusra3, post: 286846, member: 31907"] When it comes to investing, it's never too early to start. As a teenager, you have the advantage of time on your side, which means you can afford to take on a little more risk in your investments. Some of the best investments for teenagers include: [B]1. Index funds[/B] Index funds are a type of mutual fund that tracks a specific market index, such as the S&P 500. These funds offer a simple and low-cost way to invest in the stock market, and they can be a great option for teenagers who are just starting out. [B]2. Savings accounts[/B] Savings accounts are a safe and secure way to save and grow your money. Look for a high-yield savings account that offers a competitive interest rate, and make sure to shop around to find the best deal. [B]3. Certificates of deposit (CDs)[/B] CDs are another safe and secure investment option. They typically offer a higher interest rate than a savings account, but they also require you to keep your money invested for a set period of time (usually anywhere from a few months to a few years). To start investing as a teenager, the first step is to open a brokerage account. You can do this online with a brokerage firm, such as Robinhood or Vanguard. Once you have your account set up, you can start investing in the assets mentioned above (or others that you're interested in). It's also a good idea to educate yourself about investing, so you can make informed decisions about where to put your money. This can include reading books, taking classes, or even working with a financial advisor. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
The Best Investments For Teens And How To Start
Top