Submitted by softballmom2014 t3_zxuhe6 in personalfinance
nkyguy1988 t1_j22d5b7 wrote
Fidelity has a teen account. Check that out. Use this opportunity to teach fund investing. I personally would not let them make any single stock picks at all. It's a good practice to learn and a fairly small amount of money invested early can turn to millions if done early enough.
bowoodchintz t1_j22wv4w wrote
I don’t know, there is a lot to learned from failure and mistakes as well. Picking a single stock and having it do poorly might be a great learning experience.
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