Cryptocurrency Q&A Can a 12 year old invest?

Can a 12 year old invest?

Nicola Nicola Fri Nov 29 2024 | 7 answers 1593
I'm wondering if a 12-year-old child has the ability to invest. Are there any legal restrictions or guidelines that would prevent someone this age from making investments? Can a 12 year old invest?

7 answers

Maria Maria Sat Nov 30 2024
Parents or guardians act as the custodians, responsible for managing the account's activity and making investment decisions.

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Chiara Chiara Sat Nov 30 2024
Minors are not permitted to open their own brokerage accounts due to legal restrictions.

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BlockchainBaroness BlockchainBaroness Sat Nov 30 2024
Custodial accounts serve as a valuable tool for introducing children to the world of investing.

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DongdaemunTrendsetter DongdaemunTrendsetter Sat Nov 30 2024
Through this process, children can learn the fundamental principles of finance and investing in a safe and supervised environment.

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Silvia Silvia Sat Nov 30 2024
To facilitate investing on behalf of a minor, parents and guardians have the option of opening a custodial account.

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