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Reply to "Teen who is interested in investing app but no real money yet, wants to learn-recommendations?"
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[quote=Anonymous]I think Schwab still has a deal where they give you $100 worth of free stocks for opening a training account as long as you put at least $50 in. They also allow you to trade fractional stocks. So if all you can afford is 10% of a stock, that’s still an option for you and you can still get the experience of seeing if there are wins or losses My kids have small accounts and sometimes they have ideas about trades and sometimes I do and we all just play with it but it’s just a tiny amount of money. In our case, the kids have medical issues and we often trade medical stocks that are related to their diagnoses and where they know a lot about the products, what’s coming to market, product quality, etc. [/quote]
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