Trading Accounts For Kids: Five Platforms That Allow Children To Buy Stocks, Mutual Fund

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Trading Accounts For Kids: Five Platforms That Allow Children To Buy Stocks, Mutual Fund

^{Published on 2024-12-28 07:21:10 - MSN}

Investing is no longer just for adults. Today, there are platforms that let kids explore the world of trading and investments under parental guidance. Whether it's buying stocks or starting a Systematic Investment Plan (SIP) in mutual funds,

The article from MSN Money discusses five platforms that enable children to engage in stock market investing, providing them with an early start in financial education. Greenlight offers a debit card and investment account for kids, allowing parents to control spending and investment choices. Fidelity Youth Account allows kids aged 13-17 to invest in a wide range of assets with no account fees or minimums, managed by parents. Stockpile provides a user-friendly interface for buying fractional shares, making it easier for kids to invest in high-priced stocks. EarlyBird focuses on gifting stocks to children, where friends and family can contribute to a child's investment portfolio. Lastly, BusyKid combines chores with financial literacy, where kids earn money for tasks and can invest it in stocks or ETFs. Each platform aims to teach children about money management, investing, and the stock market in an accessible and educational manner.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/top-stocks/trading-accounts-for-kids-five-platforms-that-allow-children-to-buy-stocks-mutual-fund/ar-AA1wC8GO ]

N@N

Trading Accounts For Kids: Five Platforms That Allow Children To Buy Stocks, Mutual Fund