How to Get Started Investing

How to Get Started Investing

Viraaj Hedge, Author

Investing in the stock market as a teen is easy as 1, 2, 3. 

No, really. 

  1. You can choose from plenty of stock brokerage firms, but I’d recommend Fidelity, E*Trade, or Charles Schwab. Visit their website and ask your parents to set up a custodial account for you. Yes, that is a caveat. Unless you’re 18, you can’t invest in the stock market by yourself. 
  2. Now that you have your account, it’s time to deposit some cash. To make respectable returns, I’d recommend starting out with $500-1000 to start with. You can start with less or more, but this is the sweet spot to make a decent sum of cash without risking too much. 
  3. Research, research, research. Before you go nuts buying stocks, you’ll need to learn how the market works. Watch YouTube videos, or read books on the subject to get yourself familiar with the terms (or you could join Investing Club). Stay away from risky stocks and diversify your portfolio. 


Some investing resources you can check out are:

  • Andrei Jikh’s YouTube channel
  • The Wall Street Journal
  • The Motley Fool
  • CNBC, Yahoo! Finance, Fox Business
  • MarketWath

Investing Club meets every other Monday right after school in room 349! Come to learn all about investing and participate in the stock market contest!