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By investing when youre still a teenager, youll build an incredibly broad investment portfolio a lot sooner than you think. What are the roadblocks to investing as a teen? Before you start calling up the stock brokers we review here at investor junkie , be aware that theres one basic but sucky problem with being a teenage investor you cant. 10 best investing books for teens by patty ramsen about a year ago in investing reading the best investing books for teens will bring you one step closer to becoming a millionaire while youre young enough to enjoy it. Once teens get a basic understanding of stocks, they can begin investing in mutual funds. Mutual funds allow an investor to investing a broad set of stocks and spread out their investment risk. Mutual funds allow an investor to investing a broad set of stocks and spread out their investment risk.   when it comes to investing, the earlier you start the better. Compounding works in such a way that your money grows exponentially on itself.   all we wanted was someone to spell out one way of investing, just to show how it works. Update you need whats called a custodial account at vanguard if youre under 18. The good news is that you can learn about investing without using real money. Make up a fantasy account of 10,000 and track different investments for a year or more. Do this with your parents or with a couple of friends that share your interest.   we talked to investing expert rachel fox, the brains behind the blog fox on stocks, to ask her tips on how teens should start investing now. Investing for teens is not just a viable proposition, it can, in fact, enhance your adult savings. But by this, i am not suggesting quitting your studies and concentrating on investing or earning. The best part of investing for teens is your savings can be as low as 500. One of my most favorite examples is the weekly pocket money you get. But for small amounts, it provides a fantastic way for young people to get their first exposure to investing. And by investing now when theyre still young, teens can see amazing benefits by the time that they retire. By then, theyll be ready to start taking money from their investment accounts.

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