Advertisement
Anonymous
I'm planning to open an account to purchase ETF for my kid below 12 yo. The amount is modest i.e $1000 per year. Is there anyway to do so? Any brokerage platform provides such service?
13
Discussion (13)
Learn how to style your text
Reply
Save
DBS or ocbc?
Reply
Save
To set up an investment account for a child to purchase ETFs, you can consider opening a custodial account. This type of account allows a parent or guardian to manage investments on behalf of a minor. Many brokerage platforms offer custodial accounts that allow you to invest in ETFs. You can research different brokerage platforms to find one that suits your needs and offers investment options for minors. With a modest amount like $1000 per year, you may find brokerage platforms that accommodate such investment levels. Before you invest in ETF, remember to make the necessary considerations!
Reply
Save
Consider FSMOne ETF RSP beneficiary account
Reply
Save
Read 5 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Syfe have it