Under 18: Buying Stocks

: If you have earned income (from a part-time job or even chores), an adult can open this for you.

(Uniform Gifts to Minors Act) accounts typically hold standard financial assets like stocks, bonds, and mutual funds. buying stocks under 18

Contributions grow tax-free, making it powerful for long-term wealth building. : If you have earned income (from a

Unlike a standard custodial account, you can own the account and make your own investment decisions. and mutual funds. Contributions grow tax-free

(Uniform Transfers to Minors Act) accounts can also hold physical property like real estate or fine art.

: This is a unique option for teens aged 13–17.

A parent must have their own Fidelity account and can monitor your activity, but they do not need to approve every trade.