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Author: faithfulsteward Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75390  
Subject: Another question on youth investing Date: 8/28/2000 7:29 AM
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First, I'm impressed by Justin. Hang in there kid!

A young friend has $1000 that he wants to invest. He is 16 and worked in his Dad's business this summer. I want to suggest an IRA (based on Pixy's response, a Roth IRA), but I don't know his plans for the money. What if he is not like Justin and wants to use the money in ten years to start a business or buy a house. Should that $1000 be put in a regular brokerage account?
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