Asked 443 views Translated from English .
How to invest?
How can I invest in stock without having a brokerage account?
Currently in college/hs, helping out a variety of organizations with various roles.
You need a brokerage account if you want to invest. Custodial brokerage accounts exist which allow individuals under 18 to invest under the supervision of someone older than 18 (usually a parent/guardian). Bumper has a pretty good program that allows teens to invest which you can access here: https://www.joinbumper.com/
I appreciate this, thank you for the advice. Lusi
Many companies allow you to buy or sell shares directly through a direct stock plan (DSP). You can also have the cash dividends you receive from the company automatically reinvested into more shares through a dividend reinvestment plan (DRIP). You need to be of the age of majority though and not all companies offer this. Go to corporate website Chat or email and ask!
What about DSP?
You do need a brokerage account to invest in publicly-traded stocks (check out Robinhood and E*Trade). If you are not yet 18 years old, there are some great resources that allow you to build and trade a virtual portfolio. It's a great way to start. Check out https://www.stockmarketgame.org/ and ask one of your teachers or professors to help you sign up.