Kent Thune is the mutual funds and investing expert at The Balance. In addition to writing for several prominent online publications, Thune owns an investment advisory firm, Atlantic Capital Investments, in Hilton Head Island, South Carolina. Thune has spent more than two decades in the financial services industry, serving as an investment advisor and financial planner. The basic steps to get kids started investing include opening a minor account and choosing the appropriate fund for the child's investment objective. In this article, we'll cover the best account types and the types of mutual funds ideal for minor children. Assuming the child is below the age of 18, they'll generally need to open a minor account to get started investing.
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The Dads on ‘Teen Mom’ Have Interesting Jobs — Here’s What Cole DeBoer, Javi Marroquin and More Do!
Investing Tips to Get Kids Started With Mutual Funds
Having been a teen mom myself, I know how hard it can be. Here are 9 tips for real teen moms. The absolute most important thing you can do for your child is to provide for him or her, and part of that too is setting an example. There are going to be a lot of things that come naturally to you, and a lot of things that will seem easy and fun. All you have to do is apply. The moral of this story is that no matter how bad things seem, no matter how awful you feel, it will get better, and quickly. Hang in there.
Besides Those MTV Checks, the Ladies of ‘Teen Mom’ All Have Random Side Hustles
For girls who get pregnant in high school and the years right after, it's not always easy to tell what the next few months and years will look like, which is why we asked a dozen girls to get real about their experiences as teen moms. I wish I would have known that going to college was going to be almost impossible. It's not so much a financial thing as a babysitting issue. I don't want my son in daycare when he is so small. And without daycare, or someone to watch him, I don't have a way to go to school.
At 15, most girls are thinking about clothes, boys, and parties. But Jamie got pregnant—and now she's focused on raising her son. It was Friday morning, first period, and I was in my science class, just like a typical kid in a typical high-school science room.