ST Alpha - "Fidelity to allow kids 13-17 to open savings and brokerage accounts if their parents invest with the company (no fees!) -- (link)" (Reading a Post)

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Fidelity to allow kids 13-17 to open savings and brokerage accounts if their parents invest with the company (no fees!) -- (link)

Posted by spamlet May 18 '21, 06:15

(No message)

Looking into this (www.wsj.com)

Responses:

She-Ra and Fortnite stock are through the roof! -- nm - Mop May 18, 06:46
meme stocks! -- nm - MDH May 18, 06:34 4
- Eh, I’d rather her do dumb things now then when she’s 25 and trying to live on her own. - spamlet May 18, 06:41 3
  - I remember having a stock nerd obsession phase when I was around 10. -- nm - Reagen May 18, 07:08
  - Yup. -- (edited) - znufrii May 18, 06:59
  - Your post makes a good point! Let them test it out, realize what happens, etc. -- nm - MDH May 18, 06:42
Interesting. I’m curious how that works out. -- (edited) - znufrii May 18, 06:20 4
- linky -- (link) - decline May 18, 06:26 2
  - Thx! -- nm - znufrii May 18, 06:40
  - So not a joint or UTMA account. Interesting. -- nm - spamlet May 18, 06:34
- Also implications for taxes and possible financial aid need to be considered - znufrii May 18, 06:24

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