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Question: Teen trying to invest?

(Posted by: dbwideout on 2010-03-08 18:39:58)

I got a little money saved up from working and i don't really need to spend it on anything right now and i was looking into investing it. What is a easy and safe way for me to invest my money as a teen? And will it even pay off? Or should i just leave the money in the bank?

Answers:

Posted by: AnswerMan on 2010-03-08, 18:52:34

Bank. invest in a bank cd or some sort of bank investment from your local bank. this way you can get the money when you need it or at a specific time. unless you have 10,000+ go with the bank.

Posted by: Jim L on 2010-03-08, 19:28:48

Leave it in the bank, unless you are 18 and have over $2,500 to invest

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