Whats a better investmentcds or ira accounts?
You must be 18 to officially have your own investment picture. Not because the stock market is “gambling” (it isn’t, if you know what you’re doing), but because of contract ruling… the bank doesn’t want to procure screwed out of their money. Technically if you are under 18 you can invalid any contract you enter in to, so you could lose adjectives your money and then explain to the bank to offer you your money back… they don’t resembling that and try to avoid it. If you have the money and scholarship but really don’t want to wait until you are 18, you can set up an “within trust” account by have your parents co-sign. Your bank can provide more information.
