[augusta]

Yes, you can if the system you are using support it. But it is sometimes In rare cases.

[cmoneyspinner]

In America, they can. I don't know about other countries. But the US has micro-investing platforms like Robinhood and SoFi. Start with $5. Anybody can invest without capital.

My kids say Cash App works. I don't use it.

[augusta]

If the country allows for younger people investmenIt's their parents cab do that for them. It is just to know about the free pass for the young ones

[cmoneyspinner]

If the country allows for younger people investmenIt's their parents cab do that for them. It is just to know about the free pass for the young ones

EXACTLY! The microinvesting site that I use offers that. They allow parents to set up accounts for their kids.

[augusta]

It is not a bad investment Opportunity for children if it is allowed. Parents can take advantage of it for their kids and mske the use of it for their children

[cmoneyspinner]

It is not a bad investment Opportunity for children if it is allowed. Parents can take advantage of it for their kids and mske the use of it for their children

Parents just need to make sure that greedy relatives can't get their hands on the money.

[raaman]

Bonds are often seen as tools for big investors. But many governments now allow small amounts for beginners. Do you think bonds are open enough for young people with little money?

If a scheme allows a lower threshold, there is nothing wrong with investing in it.

[augusta]

It is not a bad investment Opportunity for children if it is allowed. Parents can take advantage of it for their kids and mske the use of it for their children

Parents just need to make sure that greedy relatives can't get their hands on the money.

That's right they should be a restriction on that . Those to use the money at maturity should be stated in the application form if any

[gwolf666]

Yes, but forget about generating significant returns or actually making a profit. The gains will be negligible. You'll have to keep depositing more and more money to reach a point where you get the expected return and a decent profit. It's not impossible; in fact, it's what you should do. But forget about investing $10 now and having it grow to $100,000 in 10 or 15 years because the probability of that happening is extremely low. Now, if you spend those 10 years depositing more and more money, it's very likely that you will achieve those returns. For that, you clearly need a strategy.

[raaman]

Parents just need to make sure that greedy relatives can't get their hands on the money.

It's a good observation. I like it.

[augusta]

Yes this is why we have parents. They are there to make sure that their kids are well taken care of