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Age for share ownership
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Emlyn123
Posts: 1 Newbie
Hi all
I'm new to this forum, but hope you can help me.
My son has a couple to thousand saved in the building society and recently asked me whether he could buy shares with the money rather than leave it gaining little interest.
I am keen to encourage him and feel it is a good time to buy shares as a long term investment.
The problem is that he is 15 and I'm wondering whether he can own shares at 15, and is there a specific web site to help youngsters buy shares.
Emlyn
I'm new to this forum, but hope you can help me.
My son has a couple to thousand saved in the building society and recently asked me whether he could buy shares with the money rather than leave it gaining little interest.
I am keen to encourage him and feel it is a good time to buy shares as a long term investment.
The problem is that he is 15 and I'm wondering whether he can own shares at 15, and is there a specific web site to help youngsters buy shares.
Emlyn
0
Comments
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No. To buy shares in his name he needs to be 18. You can buy shares in your name under him but not sure how you do this (sorry!)0
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