Скачать или смотреть Can Students Under 18 Start Investing Legally?

Are you a student under 18 eager to start investing, but unsure if it's even legal? This video dives into the crucial question of whether minors can legally enter the stock market and what options are available to young, aspiring investors.

Key takeaways from this video:
► Minors generally cannot own investment accounts directly due to legal contracts.
► The primary legal pathway for students under 18 to invest is through custodial accounts like UGMA/UTMA.
► Parents or legal guardians must set up and manage these accounts on behalf of the minor.
► The assets in a custodial account are irrevocably owned by the minor, even if managed by the adult.
► Understanding the legal framework is crucial for young investors to start their financial journey responsibly.


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