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Updated over 4 years ago on . Most recent reply
Adice for an 11 year old aspiring investor
Hello I am an 11 year old who is looking to invest in his first property I have saved around 1,000 dollars in capital and am looking for advice from anyone who is knowledgeable on the subject of investing with a small amount of capital, thank you!
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If you wanted to start now I'd convince your parents/ guardians to set up a custodial account with Schwab or another brokerage you can research and invest in real estate stocks such as Invitation Homes, Lennar, American homes for rent, Zillow etc. (and other stocks) or REITs. Otherwise I encourage you to continue to save as much as possible and get a job when you can to continue saving once you turn 18 you can reevaluate what you want to do and what you can do.