HOW TO INVEST AS A TEENAGER- 9 SMART & SECRET INVESTMENT HACKS

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By: Mansoor Ali ( Admin)

Invest in a Roth IRA

Contribute $100 monthly to a Roth IRA from age 16, and you could have over $260,000 by age 65, assuming a 7% annual return

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Buy Fractional Shares

Platforms like Robinhood allow you to buy portions of stocks, so you can own a piece of Apple or Amazon with as little as $5.

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Try Index Funds

Investing $50 a month in an S&P 500 index fund could grow to nearly $40,000 over 20 years with an average return of 7%.

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 Micro-Investing Apps

Apps like Acorns round up purchases to invest spare change. Investing $0.50 daily can grow to over $10k in 10 years

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Start a Side Hustle

Turn your hobby into a small business. Earning just $200 monthly and investing it can grow to over $57,000 in 15 years at a 6% return.

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Invest in ETFs

Exchange-traded funds (ETFs) offer diversification. Investing $100 in a tech ETF could yield substantial growth as tech stocks soar.

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Cryptocurrencies

While risky, investing $50 in Bitcoin in 2012 would be worth over $1 million today. Start small and educate yourself.

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Real Estate Crowdfunding

Platforms like Fundrise let you invest in real estate with as little as $500

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Save with a 529 Plan

Contribute $1k yearly to a 529 plan for college savings. With tax advantages and investment growth, you could have over $20k after 15 years.

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Invest at your own risk. Financial markets can be volatile, and past performance is not indicative of future results.

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