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Investment Guide for Teens & Parents with Teens

A step-by-step investing guide for teens and their parents.

By Lou Whiteman – Updated Apr 18, 2024 at 3:52PM

Key Points

  • Teens benefit from the power of compounding over time by investing early, maximizing wealth by retirement.
  • Learning investing basics and discovering one's investor identity are crucial first steps.
  • Opening a brokerage account at 18, or earlier with parental help, starts the investment journey.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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