Sierra. Age: 22.
For the latest business news and markets data, please visit CNN Business. Unlike most year-olds, Sridharan manages about a quarter of a million dollars of his parents' retirement money. It might seem like an extremely risky retirement strategy and hardly anyone would advise giving a teenager that much financial control, but Sridharan's parents leaned on some early success.
Nylah. Age: 29.
Piper Jaffray Completes 38th Semi-Annual Generation Z Survey of 9,500 U.S. Teens
Stocks and bonds are two ways that you can start investing your money. The thought of putting your hard earned money out there, not knowing what will happen, and often as a teenager not knowing how things really work, can leave you feeling uneasy. You can think of stocks as little tiny pieces of a company. When you buy stockyou are actually buying a small piece of ownership of that company, which is often referred to as equity or share.
Sutton. Age: 23.
8 Teen Retail Stocks: Earnings Preview
With stocks, there's no FDIC to protect you against losses. No compound interest. You're on your own.
For the price of a dinner out, you can make a teenager a proud shareholder of her favorite company so she can experience being an owner, not just a consumer. Your teen is entitled to all shareholder rights including declared dividends, annual reports, and invitations to shareholder meetings that can help teach her skills that will benefit them for a lifetime! Add our award-winning I'm A Shareholder Kit to enhance the learning experience.