Investment Options for Teens

Investing may sound like a complicated endeavor meant only for adults, but it can be a great way for young people to prepare for the future as well. By learning the basics of investing now, you can use tools like certificates of deposit, savings bonds, and stocks to help your savings grow long before you need this money. Some investments, such as 529s and IRAs, can help you save for specific purposes, like paying for college or buying your first home. If you start investing wisely today, you might even be able to retire years before other people your age.