Sometimes it hard to know where to start. Like in investing, a field where its easy to feel out of your depth when compared to individuals with far greater experience than you. But fortunately, there are ways to get into investing, even as a teen with little capital or experience.
The first option is buy partial shares. Essentially, partial shares are buying small chunks of shares rather than an entire stock. Overtime, this experiences what is called compounding growth, where the money you make from these small investments begins to increase and with that new money, you are able to turn a profit and make even more.
Another strategy is to buy index funds or ETFs. The good thing about these funds is that they are diverse, so even though your reward may not be as high, your risk is still minimal, and as a teen with a little bit of money and a lot to lose, this could be a favorable option.
In conclusion, investing is a field which you shouldn’t be afraid to get involved in, as there are many doors beyond the traditional path which you can take to immersing yourself within it.
