Now teenagers can trade stocks with Fidelity’s new youth investing accounts

[ajacobson]

https://www.cnbc.com/2021/05/18/now...h-fidelitys-new-youth-investing-accounts.html

 

[Overnight]

I wonder if their accounts will come with confetti and balloon graphics when they place trades.

 

[David Donner]

The parent holds a stock for 10 years.
The child then buys & sells the same stock in the kiddie account, not the parents.
Would the parent then have to pay cap gains on his long term holding using FIFO accounting?

 

[David Donner]

A child in a kiddie account buys the same stock the parent is short in the parents account.
Did the child just cover some of the parents stock?

 

[TimtheEnchanter]

It is ok as long as they cannot vote...

 

[RedDuke]

Not a bad idea, I had to open TD account for my daughter me being custodian until she turns 18. She saved up some cash and wanted to learn investing.

 

[Cuddles]

It is ok as long as they cannot vote...

lower voting age to 16 I say

 

[clockwork71]

lower voting age to 16 I say

Get rid of voting. Have the two candidates enter Thunderdome. "Two men enter, one man leaves."

Hilary would have won 2016.

 

[Overnight]

Get rid of voting. Have the two candidates enter Thunderdome. "Two men enter, one man leaves."

Hilary would have won 2016.

Fukin' A, lol!

 

[cobco]