How to Invest in Stocks for Teens 2023 (Step by Step)

How to Invest in Stocks for Teens 2023 (Step by Step)

HomeCharlie ChangHow to Invest in Stocks for Teens 2023 (Step by Step)
How to Invest in Stocks for Teens 2023 (Step by Step)
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Get free shares via the links below! If you're 18 or older, I recommend Webull because they give out a ton of free stock 🙂

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In this video I discuss a 100% free step-by-step course on how to invest in stocks for teens. If you're a teenager and want to start investing in the stock market, I'll show you a complete guide/tutorial on how to invest in stocks if you're under 18, as well as ALL the basics you need to know.

Platform links:

TD Ameritrade – https://www.bankrate.com/landing/charlie-chang/best-investing-options-chang/

Vanguard – https://www.bankrate.com/landing/charlie-chang/best-investing-options-vanguard-chang/

For international investors (outside the US), check out Interactive Brokers:
https://bit.ly/IBKRinvest

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Make sure you watch the video and take notes as we go into everything you need to know about investing for teens. Even if you think you're too young, know that it's not impossible to invest from a young age. I wish I would have known the things I talk about in the video when I was a teenager because I would have been able to take full advantage of compound interest. The sooner you start, the sooner your money can build (in the long run, one year can mean a $500,000 difference!!!).

If you guys want to learn more about investing and personal finance, be sure to check out my other videos:

How to Invest in Stocks for Beginners 2022 [FREE COURSE]:
https://youtu.be/cB1c2LB6_hg

My investment strategy in 2022: explained:
https://youtu.be/XCsIHvdF4OI

Have fun investing! I hope you found this video helpful, and if you did, please SHARE it with a friend or family member who you think would benefit from it. Also, LIKE and SUBSCRIBE for more videos like this in the future!

Thanks for watching and I hope you have a great rest of your day!

-Charlie

#INVEST #RECOMMENDED #FREECOURSE

Timeline:

0:00 – Introduction
0:21 – Overview
0:44 – What are stocks?
1:27 – The two ways to make money with stocks
1:39 – Method #1: Dividends
2:16 – Dividend examples
2:52 – Method #2: Capital Valuation
3:34 – Compound interest
4:10 – The importance of investing early
5:15 – Find your investment strategy
6:19 – Important things to know
7:26 – How to invest if you are under 18
8:14 – Pros and cons of custodial accounts
8:54 – The two types of custodial accounts
9:23 – The power of compound interest!
10:05 – Active investment approach
10:41 – Passive investment approach
11:07 – Good stocks and ETFs to consider
11:23 – Option for teens looking to invest
11:54 – Requirements
12:08 – Advice for parents
12:28 – Opening a brokerage account
12:56 – Alternative investments
13:39 – Brokers to consider
2:35 PM – Taxes
15:01 – Final thoughts
16:08 – Outro

Disclaimer: Some of the links above may be affiliate links, meaning if you click on them I may receive a small commission. The commission is paid by the retailers, at no cost to you, and this helps support our channel and keep our videos free. Thank you!

Furthermore, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Do your own due diligence before making any financial decisions.

► My Instagram: https://www.instagram.com/charlie__chang

Please take the opportunity to connect and share this video with your friends and family if you find it helpful.