How To Start Investing Your Money At A Young Age

The hardest part of investing your money at a young age is getting started, and I'm here to tell you the easiest way to start investing your money on the stock market at any age.

To get started all you're going to need to start is some money saved up, and a parent or guardian.

I'll be honest and warn you that investing comes with a lot of risk, and i'll be telling you about the safest ways to invest. To start you're going to need your parent or guardian to set up a custodial account through sites like Etrade (what I use), Robinhood and etc, which will be under you're guardians name but could be switched over to you once you turn 18.

Once you set up the account, have the owner of the account put money/funds into the account. What I did was just to give my parents the money I saved up from my job and had them put the money in.

The next part is finding stocks to invest in, and the safest stocks that year after year outperform the stock market is index funds. One that I invest in is the S&P 500 which just buys shares in 500 of the best companies out there, and is know as one of the best long term investments out there.

Some of the best Index funds include,

• Vanguard S&P 500 ETF

• IShares Core S&P 500 ETF

• Fidelity Zero Large Cap Index

• Schwab S&P 500 Index fund

The S&P 500 has an average return of around %10 so over time your money will grow for years and years or until you sell.

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