Smart Teenage Investing for Under 18

Stock trading can seem like a daunting task for newcomers, especially teenagers learning about stock trading for the first time. And you might be happy to know it doesn’t have to be.

What is the Stock Market?

The stock market is a place for buyers and sellers to come together and trade shares in publicly-traded companies with each other.

Can You Trade Stocks Under 18?

Yes! If you are choosing to invest as a minor, (meaning you’re under 18 or 21, depending on your state of residence) you can invest in the stock market under 18. To do so, you’ll need to open a special type of investment account for minors called a custodial account.

What is Stock Trading for Teens?

Stocks act as some of the best investments for teenagers because they tend to provide a long-term focus on growth and higher returns. They carry higher risks traditionally than investments like bonds, but young investors can tolerate this volatility due to their long investment horizons.

Should Teenage Investing Include Individual Stocks?

If you choose to start investing in individual stocks, try to stick to blue-chip stocks. Blue-chip stocks come from established, well-known companies that are generally more stable.

6 Apps that Show How Teenagers Can Invest in the Stock Market

Acorns is the signature app loved by Millennials and Gen-Zers because it allows users to start with very small amounts of money and grow their balance into larger figures through “Round-Ups”.

1. Acorns ($10 bonus)

6 Apps that Show How Teenagers Can Invest in the Stock Market

The app will teach you the basics of investing, how to trade stocks, ETFs, etc. with market capitalizations of $1 billion or greater.

2. Greenlight App

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