The Best Way to invest in bonds
Investing in bonds as a teenager is a smart way to start building your financial future. Here are the easiest ways to get started:
- Treasury Direct Website
Visit TreasuryDirect.gov to buy government bonds directly. You'll need a parent to help set up an account if you're under 18. - Bond ETFs
Use apps like Fidelity or Charles Schwab to buy bond ETFs like 'BND' or 'AGG'. These are like buying a collection of many bonds at once. - I Bonds
These special savings bonds are great for beginners and protect against inflation. You can buy them at TreasuryDirect.
Pro Tip: 🌟
Start with a small amount like $100 in a bond ETF to learn how they work before investing more.
Additional Resources:
SEC's Guide to Bond Investing
Fidelity's Bond Investment Guide