Stock questions and market outlook for youth investors
A reader asks how a 19 year old can buy stock in their own name and what proof of age is required. A financial columnist notes many brokerages will allow it with SSN, employment details, birth certificate or driver’s license, a signed address statement, and a guardian signature for account guarantees. The column also covers market outlook unsettled in coming months, and REIT pros and cons with emphasis on prime rate sensitivity and growth in construction lending.