How to Invest as a Teenager or Minor [Start Under 18 Years Old]
How Old Do You Have to Be to Invest in Stocks?
Before you consider signing up for one of the best free stock apps on the market and funding your account, you’ll need to know one important rule about investing in the stock market by yourself: you have to be an adult, or at least 18 years old.
How to Invest Under 18: Investing as a Teenager
The best investments for a teenager will include a combination of stocks, mutual funds, and exchange-traded funds (ETFs).
Consider Paper Trading Apps
You can even create a virtual trading account with a service like Webull to test out making real stock trading for teens but with fake money to know what to expect when you start investing real money.
Invest in Individual Stocks
Investing in individual stocks can represent the greatest chance of capital appreciation because they can rapidly outpace a broader basket of stocks you hold in multiple companies.
Invest in Mutual Funds
Mutual funds combine investors’ money to purchase several types of investments, such as stocks, bonds, real estate, and more.
Invest in Index Fund ETFs
These provide instant diversification, come with low costs and don’t try to outpace the market’s performance by taking on too much risk.
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