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Investing for Teenagers

2965 ratings | 225832 views
We were thrilled with all of the questions we got from teenagers wanting to invest in the stock market after our last video. Instead of answering everyone individually, we decided to make a video about it! In the video we discuss how we would invest in the stock market if we were under 18. Keep in mind, we're not qualified to give you this kind of advice. We just remember being young and confused. All we wanted was someone to spell out ONE WAY of investing, just to show how it works. UPDATE: You need what's called a "custodial account" at vanguard if you're under 18. You have to call them to set it up. More Info: https://personal.vanguard.com/us/insights/article/teen-roth-072014 Why Don't They Teach This in School - https://goo.gl/wrDl29 12% Returns - https://goo.gl/y1XZJf Vanguard - www.vanguard.com Further Reading - http://jlcollinsnh.com/stock-series/ Sign up for monthly income, expenses, and net worth reports! http://newsletter.mikeandlauren.com Check out our blog: http://www.mikeandlauren.com Follow us: http://twitter.com/mikeandlauren https://instagram.com/lauren_moyer/ Mail: Mike and Lauren PO Box 19583 Sarasota, FL 34276
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Text Comments (527)
Disarray Play (18 days ago)
Do I need to be in the US to use VanGuard?
Dispatch Express (1 month ago)
Just buy the S&P500 ETF SPY it perform better overtime
Cambre Bellamy (1 month ago)
why would you want to use the Roth IRA as opposed to the traditional?? this video is very hard to follow
Tyler G. Logel (1 month ago)
Buy precious metals, you'll thank me later
TheSandra48 (1 month ago)
Join Robinhood and we'll both get a free stock Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://share.robinhood.com/sandraj141
MyLifeTravel. Journey (2 months ago)
I’m 12
Konner Honius (2 months ago)
How much money you think I have
Sam Dash (2 months ago)
I just got funds from expeditetools ,com this is my fifth acked transfer I got from them and so far I have got over $98,000
Golden Plays (3 months ago)
I’m saving money for capital right now and I’m 13. My parents are average, they don’t pay me, I make the money myself. I sell gaming logos and banners on insta and make around 30-50 dollars a week.
Apple Juice Simpson (3 months ago)
*_Small critique....._* If you're going to do a video for teens who most likely know nothing about the stock market, I don't think it's helpful to just say "throw your money at this account, and okay you're done." As a young guy myself, I think a *_total index fund_* (such as Vanguard) is probably the best, simplest way for a young person to invest for the future, but regardless, you should never teach a kid or adolescent to invest their money into something without them knowing and understanding the financial exposure involved with their investment.
Gavin C (4 months ago)
I’m 15 but can’t invest in the stock market cuz of legal purposes with my dads job. Therefore I sell digital goods and resell high demand goods after paying retail.
Lazy Bastard (4 months ago)
Or you can make drugs. yaay
XanBelOr (4 months ago)
I only have $110 :( I need 500 for a new xbox one x
#Dogelife :3 (4 months ago)
I just turned 12 and i trying to work on investing
Mr Cheese (2 months ago)
#Dogelife :3 continue like this👍🏻
Actually_ (4 months ago)
Honestly I would NOT take anyone else’s opinion in investing but this video is cool. Good Job!
Actually_ (4 months ago)
I’m 14 and I am really just an analytical trader in the stock market.
William Gutlovics (5 months ago)
Literally no facts or evidence in this video to prove what you guys are saying works.
AlphaLope (4 months ago)
Because its known to work. Ask any financial advisor or do any research into investing at all. This isn't a "get rich quick" scam, it's just compound interest.
LaserGaming TV (5 months ago)
Me and my friend is building bird houses and selling them for 80 swedish krona so like 7-8 $
redeyedmonster58 (6 months ago)
i bet shes wild in bed
redeyedmonster58 (6 months ago)
im getting a weird vibe from these guys
Sahaj Sabharwal (6 months ago)
"NOTHING MUCH FOR MINORS" Minors are those less than eighteen,  As they don't have knowledge in keen. They don't have a driving licence,   As don't have driving sense. Minors are given just pen and page,  Their life is not more than a cage.  Holiday is not given even on sundays, As their age is negligible for fundays. Parents are worried not to get blame, From minors they just want their fame. Circumstances are same for every minor, Parents are just their life designer.                      -Sahaj Sabharwal.                   -Chowk Chabutra,                    -Jammu.                                      -11th Class. ©sahajsabharwal Delhi Public School, Jammu #India #Poem #Jammu #sahajsabharwal12345 #DelhiPublicSchool #DpsJammu #copyright #INDIA #TALENTPOET
Mirr & Bree (4 months ago)
and my wife is in collage and high school while still having a job
Mirr & Bree (4 months ago)
nonsense me and my wife is married at the age 16 live by ourselves and is about to rent our first apartment next year
maiex (6 months ago)
This is shit, doesnt explain how to invest, just explains how to make an account to invest..
Mountolympus2001 (6 months ago)
Thank you for being specific and not a smart ass
eskil forsberg (7 months ago)
Video starts at 1:26
life sucks (7 months ago)
What about people who live outside of the usa?
fred ward (7 months ago)
i am 13 and i am gonna start investing my gaming gear i got some extra gaming gear ;D
Serjio Aguilar (7 months ago)
What if I’m 18 wanting to invest 50k+? To make more money
The Valiant Investor (7 months ago)
Serjio Aguilar start small
al1trcy (7 months ago)
I’m 11 years old and have already saved $700+ and planning to invest in penny stocks, crypto currency, real estate, and much more as I get older. I plan on starting a YouTube channel and showing my journey. I’m doing very well in school with a 4.0 in gifted classes hoping to go far. If anyone has any tips for me it would be much appreciated!
Investing Book Summaries (8 months ago)
Get in there young!
MrBeantheMan (8 months ago)
I'm 12 should I start?
Sarcasm Itself (8 months ago)
Well im going to be old enough to get a job in a few months and im looking to learn about stocks because I know they are money makers and very important. So to clarify there is no limit on age for a minir account? Like I know under 18 has to have the special account but is there an age that cant have any account?
Jimi Sanchez (9 months ago)
For any Teens need any help investing should check this out. https://bit.ly/2kXf4PQ
xv lv (9 months ago)
How many of us are not teenagers and are adults watching this? Me!
Drone Films (9 months ago)
Im 15 years old. I would suggest to set an account up on robinhood. Its an app. Its simple with 0 fees at all. It is perfect for young investers
ur Mama (7 months ago)
how do i do that? i have 200 hundred where do i start?
FasterFlash (9 months ago)
I found this video I invested in cryto currencies in the early stages
Liny's Life (11 months ago)
im 13 and currently I have 500 dollars which im about to invest in the stock markets
Its just Me chill (11 months ago)
I dont even have 500$ i barely got 80
Sauce Gen (7 months ago)
Its just Me chill I have like 23.50
Jump Scare (11 months ago)
I don't even understand a single thing here and I'm 16...
G Santi (1 year ago)
Were not educated 👎 hahahhaa
circles in the night (1 year ago)
I'm 19 and want to learn to invest I'm kinda confused and don't know how to start
Epic Mentality (7 months ago)
I have a channel with several videos for investing beginners, feel free to check them out.
What about robinhood
Christian Murray (1 year ago)
Another great video Mike and Lauren. I actually just made a similar video for investing for beginners/teenagers. Quick question: why would you not recommend stocks for teenagers, considering that stocks have outperformed index funds in the long-term? Because teenagers do not have a short (3-5 years) outlook, wouldn’t it make sense to invest in stocks (since a long term view wouldn’t not matter for short market corrections and drops)? And by stocks, I am referring to large-cap and blue chip stocks, not penny stocks and high risk securities. Thanks again 😀!
TypicalRocky (1 year ago)
I just turned 18 and I wanna start investing. I’ve saved over 11,000 from birthdays, youtube, and other jobs I’ve had over the years.
Juan Olmos (2 months ago)
Couldn't you easily make that with a minimum wage, like here's the math. 10 dollars an hour so Let's say you work 5 hours a day and 5 days a week that's 250. And then just slap that to about 3 weeks in all months and you have a total of 750 with 12 months which goes to 9000 dollars, so you could of been able to make more but oh well but them again taxes and other crap I hardly know about could heavily drop your gross income
Snuffy (3 months ago)
Madelief Girl you’d have to be making $21/h working those hours just to make 1,008 and thats before taxes
Snuffy (3 months ago)
Madelief Girl there’s no way you’re making 1k a month working 24hrs a week at 15, no one in their right mind pays a 15 year old over minimum wage
Kalem St.Louis (4 months ago)
Two*
Kalem St.Louis (4 months ago)
Madelief Girl making that and saving that are to different things you snob. People have expenses, considering you’re 15, you don’t have a car and don’t understand what it costs to have one.
Mantio (1 year ago)
I think it is better to get advice from people with experience then people trained to teach it.
Edwin Xu (1 year ago)
This video makes no sense at all...just promoting a website
Aman Cherry (1 year ago)
They teach this in my school and schools in the Caribbean
ADRIAN SAVAGE (1 year ago)
im 16 going 17 and wanna know about investing , stocks, bonds, etc
Keagan Fernandes (1 year ago)
adrian Carl read the books from Robert kiyosaki. He's a great invested and he has written many books which are easy to understand. The first two books you should buy is Rich dad Poor dad and the quadrant. Rich dad Poor dad is all about his experiences while growing up and what kind of mindsets you must have. The second book is how to work from being an employ to being a businessman/Investor. They are both great books and you should really buy them. Dude I am only 13 and I know a lot more than most young adults do because of him and other books I read. So go buy his books
this is awesome great video guys. i think subjects like this ned to be taught in schools.
Paul Groseclose (1 year ago)
I'm 15 and taxes suck
La Moto (1 year ago)
Hi Mike and Lauren! I have a problem. I recently got some money from my grand parents and i have always want to use them stocks. I tried to talk to my parents about it and i got an answer quickly. I should be responseble with my money and not just spend it all on stocks. As i can lose my money. I said that spending it on stocks was more responsable than for exemple buy a video game. But they wont listen how did you guys get your parentes alowance? -Jonathan :D
Jimmy Hart (1 year ago)
If you guys only have like $5 go to the store and buy a case of water bottles, next sell those water bottles at a park or wherever, you should now have $20-30, repeat till the cops tell you to stop.
Raevin (25 days ago)
I did this on a popular walking trail- ran out of water bottles (5 packs)
The Leo Wolf (1 month ago)
Nobody is at the park in 4 degree weather. Fricking midwest.
+Totally Not John Wick haha
Totally Not John Wick (1 month ago)
Yeah this got patched they added a woman who calls the police on you. It sucks but I’m working a way around this I’ll come back if I have something
yvng jojo (3 months ago)
+green bean13 yea it was patched in the latest update 2.0.1.8
Harley Garside (1 year ago)
My mum thinks it's illegal and won't help me sign up....I'm 15
Mr Cheese (2 months ago)
Mr. Everywhere no u
Colin Dinsmore (6 months ago)
Harley Garside Your mom should probably know what Vanguard is.
Mr. Everywhere (6 months ago)
Harley Garside ya mum gay
Harley Garside (1 year ago)
Malachite totally! I will give it a try
BINCH 3000 (1 year ago)
educate her, it's worth trying because investing is a really smart decision, especially at a young age.
Westwood (1 year ago)
I'm 18, but I only have $100
Andre Ndawana you wasted your youth
web (1 year ago)
Is that a whitehead pimple on your nose babe? Oh. its a nose piercing? Well it looks like a zit... UGLY.
Tom ter laare (1 year ago)
Great video, but could you tell us more about what we are going to gain from all that investing.
Cruelty Free RV (1 year ago)
For someone under 18, I slightly disagree. I wouldn't do a retirement account. I would do a non retirement account into the total stock market fund you mentioned. That way if you want to use the money for college you can, without a huge tax penalty. I wouldn't start retirement until I had my first real career job.
henrique silva (1 year ago)
Im 19 years old and I start investing at 18 years old , investing in crypto currency and work at same time .. we need to have hope at something rigth ? my hope is on ETHEREUM! ;p
Sleasy (1 year ago)
Hey im 12 and i want to invest in successful business like loosechange or jakepauls team 10
Shion Sonozaki (1 year ago)
I'm investing In gold
Tranquil Lee (1 year ago)
I only have £40. I'm a full time student and don't currently have a job. How can I invest such a little amount of money?
That's Rich (1 year ago)
While I like Mike and Lauren, as an active private investor myself, I can never, nor do I ever recommend using mutual funds, IRAs or 401ks (unless it's the minimum to get an employer match, and no more. AND then the contributions should only go into cash equivalents instead of into funds which are subject to market conditions. Later that money should be transferred to actively self-managed accounts. And yes you pay the penalty to move the money). Mutual funds are terrible investment vehicles due to illiquidity, lack of control, huge amounts of undefined risk, and unnecessary tax advantages which hamper returns. Investors, if they are serious, and especially if they are young, should be educating themselves with everything they can watch, read, or listen to with regards to personal finance, accumulating wealth and building income streams. Then start small with real money and begin learning hands-on with the things you've learned that interest you. Never pay for advice, or for an advisor. Never use tax sheltered accounts. Passive investing is dangerously risky and antiquated. Be an active investor, track your progress, learn from your mistakes and always look for new opportunities. Good luck! 😉
John Cena (1 year ago)
whag happens when you invest in it though? isn't that just spending money?
Jackson Thorne (1 year ago)
I have 7k ready to invest :)
MoviesForLife (1 year ago)
Only spend $1k. Try your hand at the stock market, it's OK to lose money as it's the same as paying for education. You'll learn from your mistakes and build proper investing skills to later invest the big bucks.
Rauf Mammadbaghirli (1 year ago)
im 14 and have $1000, and i want to get into investing. how do i start and what do i do
Al Rocky (1 year ago)
Evan no I am not.
Prison Mike (1 year ago)
Al Rocky Just wondering, are you new to trading? Of course you have to be 18+ to sign up, that’s why his parents would, but when they do they can choose a custodial account, which means they don’t completely own it, and the child does.
Al Rocky (1 year ago)
IF Robinhood ALLOWS custodial accounts but it seem they do not. . At their site: "To apply for a Robinhood account, you must: Be 18 years or older"
Prison Mike (1 year ago)
Al Rocky Hi there. You have to be 18 on any platform to trade stocks, but if you have your parents open I believe it’s a custodial account you can trade on that
Al Rocky (1 year ago)
Evan Schubert, MvR Games is only 14 so your suggestion to use Robinhood is silly as one must be at least 18 to open an account there.
OversizeGraph28 (1 year ago)
Get the robinhood stock app
Conan Carr (1 year ago)
Gotta be 18 bud
Jaiden Griffin (1 year ago)
ok but what if i dont want it for retirement but more a general savings?
Prison Mike (1 year ago)
Jaiden Griffin bank
Mohammed Kamal (1 year ago)
Best way to invest in stocks that you hold no personal control over? And risk is 4/5?! While barley defeating US inflation?! (U.S inflation=1.6%) that's assuming that your return is 2.23% and you guys are investors?
Orchadia (8 months ago)
US inflation is 3% you're actually losing money with this
Chris Chavez (1 year ago)
Hey I'm just wondering how should I start investing like in what website does vanguard really have the cheapest fees?(only 15 btw)
Al Rocky (1 year ago)
Jacob Zimmer, if you bothered to read Chris Chavez is only 15 years old and cannot open a Robinhood account.
Jacob Zimmer (1 year ago)
Chris Chavez use robinhood it's commission free and sigh up with my referral link and we each will get a free share of stock like GoPro Apple Microsoft http://share.robinhood.com/jacobz29
Al Rocky (1 year ago)
Vanguard or Schwab are fine. Since you are under 18, you need to open a custodial account with your parent(s).
Banks Peete (1 year ago)
But to contribute to a Roth IRA, you need earned income. What if my money is saved up from birthdays and Christmas? (I'm 16)
MoviesForLife (1 year ago)
Check out your country's stock market. There's guaranteed to be some great blue chip stocks floating around in there.
jx592 (1 year ago)
That's a very profane depiction of us lousy teenagers
Internet Expl (1 year ago)
its kinda true, well not for all of us, some teens are already investing which is the best thing someone can do, but so many of my classmates at my school just arent interested in that, neither was i because i never knew it existed but now i love it and im glad i found out about trading.
Teun (1 year ago)
1000$ i thought of 10 bucks to try it out :O
BennyFouFou (1 year ago)
I'm 13, I have $105... Any Ideas from anyone? I want to start learning now, so I will be more knowledgeable about the topic when I am 18+ years old.
RobloxENGINE (19 days ago)
now?
Mr Beerus (1 year ago)
BennyFouFou how much you saved now?
Bladeztube (1 year ago)
BennyFouFou Nice
BennyFouFou (1 year ago)
Thanks for the tips guys, I’ve saved over 1k at the moment, and I’m not stopping there.
Cruz Gonzalez (1 year ago)
Its only been two months, but you're 13. $105 isn't much, but hopefully you still have it because if you do, you're on the right track :)
Alec Morrow (1 year ago)
I saw that the ytd return on the vangaurd 2060 retirement fund was 10.26% is there any way to get a more substantial but risky return maybe upwords of the controvesial 12%
Al Rocky (1 year ago)
There are several ways of maybe getting upwards of the controversial 12% return but it's not guaranteed and you could just as well lose money. Year to date some International Mutual Funds are well over 12% and I've just sold one of mine that is over 20% YTD although I would not recommend that particular MF.
Agustin Cortes (1 year ago)
What should I study in college if I want to be an investor?
MoviesForLife (1 year ago)
Unless you want an official job at a firm then don't. If you just want to privately invest then read books and watch videos on it before spending your own cash.
Cracker Lacker (1 year ago)
Agustin Cortes Accounting and finances
Nicholas Bloxxer (1 year ago)
This video doesn't help. You're literally just saying "Make an account on this website". You'd think with a title like that, you'd be explaining a lot more things.
Hadees jhon (3 months ago)
True
Randy M (3 months ago)
Apple Juice Simpson You have a great point. Wish I could help with whatever he is confused about. I think you and I both agree that the Vanguard 2060 is a good investment for a teenager who has time until retirement. And I agree there is a lot of information/disclosure/risk assessment that is not included in this video. The video would have been at least 20-30min if not much longer. Hope it inspires at least one teen to learn more about the fund and talk to a financial advisor about a strategy. And wish the original commenter would clarify what it doesn’t help with.
Apple Juice Simpson (3 months ago)
Randy M - Eh, I don't blame him for being confused. If you're going to do a video for teens who most likely know nothing about the stock market, I don't think it's helpful to just say "throw your money at this account, and okay you're done." As a young guy myself, I think a *_total index fund_* (such as Vanguard) is probably the best, simplest way for a young person to invest for the future, but regardless, you should never teach a kid or adolescent to invest their money into something without them knowing and understanding the financial exposure involved with their investment.
Randy M (3 months ago)
They are keeping it simple. Put a majority of your small savings into the account, keep contributing and watch it grow. What do you need help with?
The Big Dawgs (5 months ago)
literally
m bob (1 year ago)
this isnt investing this is a savings account lol you get money back from investments
Dan Pachunka (1 year ago)
m bob I don't think u understand how life works😂 neither do I but I know Damn well you get money back in multiple ways. And this IS investing. And you ARE getting money back
UltraCloudz (1 year ago)
I just turned 18 just got back into studying I've been looking at good investment variation and buying assets this video was pretty helpful in a sense where is even more money to add to my account
B Scott (1 year ago)
Any other 17 year olds here who have been investing for years?
Stocker Investing (1 year ago)
You can only put money into a Roth IRA if the money has been earned and taxed. When I was 12 all of my money was from saved gifts, so I couldnt put it in a roth, so I just used a regular brokerage account. If you have earned income, put it in a Roth IRA. If its not earned income but money you have saved, just put it in a custodial brokerage account.
noa ksabi (1 year ago)
How'd you do it? I'm fourteen and I'm trying to figure out how to do things. A lot of comments contradict the video and I can't tell how to invest in my best interests. When you were twelve and had a custodial account did you put your funds into retirement or general savings?
Stocker Investing (1 year ago)
Im 19, but I have been investing since I was 12
Potato Patata (1 year ago)
I'm 16 and I get $200 a month from my parents but I saved nothing. 😢 I want to have a job but I don't think I could work. Not yet but maybe after I graduate college.
Simply Celeste (1 year ago)
Sarah Kereen Im still in highschool and have a job right now looking for a second job. Don't make excuses, even putting away half of that would be better than nothing. Life wont be so easy when youre 18 and your parents dont give you money anymore and expect you to have your own money. Start now and thank yourself later
MoviesForLife $30 i literally get nothing... i used to get $1 for cleaning my moms car
iD Shadow (1 year ago)
Sarah Kereen u could start working at 14
TheDestroyer32 (1 year ago)
Lucky you I get 0.
MoviesForLife (1 year ago)
How the fuck do you get $200 a month from your parents?! I get $30.
I'm trying to convince my parents to let me buy 1 bitcoin for £1000 so I can sell it for more in 4 months
(btw 5 months ago btc was worth £1000 noe its like £7200) OK so I managed to let my parents give me £200 to invest in 0.04 bitcoins now that 0.04 btc has nearly doubled in price. I highly recommend doing this as soon as possible bitcoin prices will very likely keep on going up.
MoviesForLife (1 year ago)
You'll need a helluva lot more than £1000 to buy one. Also it's overvalued, wait for it to come back down in price. Check out Ethereum though.
Internet Expl (1 year ago)
honestly u should its going to be a great investment
Meztli Morales (1 year ago)
Is this video only for people in the USA?
MoviesForLife (1 year ago)
Yes. Due to foreign taxes and difference in currency you'll be paying at least 30% extra, making the venture useless and almost certain to be unprofitable. My advice is get on your own country's stock exchange. I live in the UK and the London Stock Exchange is fantastic.
DemonSage (1 year ago)
Meztli Morales yeah, pretty much. What country are you living in? I know Canadians can use Vanguard to invest if they choose non-US investing as an option.
Selin (1 year ago)
Can I do it if I don't live in the US ?
Prison Mike (1 year ago)
Hi there anyone who is the in the comments. If you have any further questions about investing, please ask here.
CastroTheGamer (1 year ago)
I was your 1000 like ! Great video guys , keep up the good work.
Mike and Lauren (1 year ago)
+Theshadow2real thanks!
circles in the night (1 year ago)
thank you guys . my school does not teach us this . and its sad
evan bowling (1 year ago)
I learned it in school. Government and economics class
Sneaks feets (1 year ago)
Well I'm 15 and make 1,100 every other week online selling and swing and intraday trade money's easy to make or is it just my mindset
Internet Expl (1 year ago)
dam 1000+ every 2 weeks? how much do u have in ur portfolio?
John (1 year ago)
Don't use brokers like robinhood and other free platforms they have terable exacutions
noa ksabi (1 year ago)
so what should I use
Internet Expl (1 year ago)
yeah if ur day trading, if ur swing trading its no problem
He Laugh's (1 year ago)
I have $3 😂
Yamin Ahmed (7 months ago)
How much you have now?
Sauce Gen (7 months ago)
Yes
Hydrogen Peroxide (1 year ago)
Isaaç Çalep damn you rich 5cents is my net worth
the guy has great teeth.
Waffle Falafel (1 year ago)
I honestly wouldn't take advice from them,. I believe that you should be creative and outgoing. You shouldn't follow a set plan that everyone else follows. You would just be an ordinary person who wants to achieve the American Dream, but can't because you follow the same plan that everyone else follows. You should create your own plan for your success. Everyone's plan is different, but it is your choice to follow by your own plan or the "illusionary" plan. (15!)
/ RsLongshot / (1 year ago)
I agree with you 100%
Cruz Gonzalez (1 year ago)
You say this is the plan that everyone follows, yet so few people actually have any sort of retirement account. Even less actually put anything in it.
Delve (1 year ago)
+Waffle Falafel r/UnexpectedFactorial
- (1 year ago)
I wanna punch them... no clue why I just have the urge to punch them
noa ksabi (1 year ago)
lol same
daliso feint (1 year ago)
I'm 14 and I want to start investing, except for I don't really understand how investing works and how to make money from it.
FunStuntGamer (4 months ago)
.
AlphaLope (4 months ago)
Basically when you invest say $1000 a year into a vanguard account, the bank uses your money for loans and other purposes. In return, they put 8-12% into your account per year. This is how your money makes more money without you actually doing any work.
Kev (1 year ago)
same
Rosali Rayyo (1 year ago)
any advice for 20+?
Valeriy Khramtsov (2 years ago)
Can I invest into VTTSX for a while until I get the 3000$ I need to invest into VTSAX and then transfer the money over? Or am I able to have 2 Roth IRA accounts open at the same time?
Valeriy Khramtsov (2 years ago)
Thank you! That was incredibly helpful!
Al Rocky (2 years ago)
VTSAX is Vanguard Total Stock Market Index Fund Admiral Shares which requires $10,000 as an initial investment. VTSMX is the "Investor" share class which requires only $3,000. VTI is the EFT version which you can buy as little as ONE share at a time currently about $120. Yes, you can invest in VTTSX ($1,000) and once you reach $3,000 simply exchange it for VTSMX. Once your account reaches $10,000 it automatcally becomes VTSAX. You could also simply invest in the EFT VTI. VTTSX may be the better choice. You can do any of these options in ONE Roth IRA.
Lysett Cuervo (2 years ago)
make more specific videos like these pleaseeeeeee!!
*_I'm just starting with this and from what I'm seeing the future is very bright >>> _**_https://plus.google.com/b/102967817998598075535/102967817998598075535/posts/W38JYaMzdmZ_**_ . A great system for all online entrepreneurs._*
Jordan Levine (2 years ago)
Yo i love you guys thx%%%%\
Cooper Crenshaw (2 years ago)
DAVE RAMSEY IS A GREAT PERSON TO LOOK INTO IF YOUR INTERESTED IN THIS STUFF
Elite reviews (2 years ago)
Why Vanguard why not E*TRADE

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