Minors have to wait until they are adults before they can buy and stocks and bonds.

1 answer:

5 0

Minors have to wait until they are adults before they can buy stocks and bonds is TRUE. There are two reasons why. First is because brokers and states mostly agree that the minors are generally not capable of making the right decisions that involves trading assets and securities. Second is brokers does not want to be held responsible for the possible poor decision that will be made by the minors through their systems.

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