What are good investments for me?
Jul 05, 2009 in
Questions And Answers
I’m 17 and have 500 bucks I want to invest. What are some good investments. I don’t really want to do stocks. What are my options? Tax liens? CDs? What is the best choice for me? (I don’t really know what a tax lien is or a CD so please explain)
Thanks
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One comment
Potato Head on July 5, 2009 at 8:52 pm
Start investing by having highly-liquid accounts for emergency situations. These can be a interest-bearing savings, checking or money market account. Contact your local banks for details.
FYI - Kids and teens under the age of eighteen cannot acquire most investments directly.
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