Teens Buying Mutual Funds? - mutual funds for kids
I am interested in investing in mutual funds (I'm 14). Who knows whether companies that have a special account that will enable the children / young people invest in mutual funds? I have to invest more than $ 1000. Thank you!
Sunday, December 27, 2009
Mutual Funds For Kids Teens Buying Mutual Funds?
Subscribe to:
Post Comments (Atom)
3 comments:
Your age does not matter .. Talk to your parents call and probably in your financial advisor. If you are financially Savy, then you can contact him and sit down. To be honest, this is not really very happy to spend 1k, but you can not stop them from investing, early and often. There are also other investments, in addition to an investment fund that is used to deal with the rights that the Fund is not .. Strike at a top professional.
While the provision of online brokers in the will. Check http://www.fool.com/dbc/dbc.htm?source=L ... for a list.
Age May issue as the law of the contract say they are not bound by a treaty, if you are under 18 years. You can can have a joint account with an adult and the adults wear out his name.
You should consider ETFs. ETFs are created by the companies of investment funds, but often the best mix of mutual funds companies and shares. 80% of business investment, either title or SP can not exceed 500, followed by the spy of the ETF, which in the long run. DIA for the Dow Jones Industrial. You buy ETF's share would you want to buy through a broker online or by phone.
Post a Comment