My 10 year old grandson called and asked how to invest, what stocks to buy. Offhand I do not know any way to set up an account at Vanguard or Wells Fargo (my usual agents), I don't know how much he has but it may be under $1K.
Anyone aware of brokerages who set up accounts for children to use? He described something like this that BOA has but not clear on the details.
I told him, if he can buy a stock to by the FTF VT, he seemed to follow my explanation of an EFT.
Actually, just getting the call was priceless.