Anonymous asked in Business & FinanceInvesting · 8 months ago

Is ther anything I can invest in at 16 or 17 without a custodial account?

4 Answers

  • 8 months ago
    Favorite Answer

    In North America a minor CAN NOT open any investment account in their name, they must use custodian account.

    Before you spend $0.01 on any investment, you must know what you’re doing, why you’re doing it and how to do it and make sure you have the money to do it. Also, you must have an understanding of the rules & regulations that govern what you’re trying to do. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.

    Source(s): from The Street
  • 8 months ago

    Not in the USA.

  • B
    Lv 7
    8 months ago

    buy gold jewelry

  • 8 months ago

    The best investment ever is your time, Invest in learning a skill and master it, I am pretty sure it will help you in the long run.

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