[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 306.9K followers Created: 2025-07-20 14:59:53 UTC An 18-year-old recently turned to Reddit’s Personal Finance forum looking for help on how to start investing. The teen already has a savings account earning XXXX% APY through Wealthfront but wanted guidance on making smarter long-term financial moves. Redditors jumped in with advice, and the top suggestion was to open a retirement account. Since the teen is likely in a low tax bracket, many recommended starting with a Roth IRA. These accounts are taxed upfront, but all future gains and withdrawals are tax-free. Others noted that even without an employer-sponsored plan, anyone can open an IRA, especially if doing freelance or part-time work. Another big tip was to start thinking like a business owner. The teen currently works full-time in HVAC, and commenters encouraged learning the ins and outs of the trade as well as how to run a company. Owning a business offers greater income potential and more control over financial stability. For those not ready to run a company, index funds came up as the easiest and safest way to begin investing. These low-fee funds track markets like the S&P XXX and outperform most active investors. At 18, the poster has time on their side and can afford to ride out any market bumps.  XXXXX engagements  **Related Topics** [tax bracket](/topic/tax-bracket) [retirement](/topic/retirement) [longterm](/topic/longterm) [wealthfront](/topic/wealthfront) [apy](/topic/apy) [savings](/topic/savings) [investment](/topic/investment) [finance](/topic/finance) [Post Link](https://x.com/Benzinga/status/1946948179913585071)
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Benzinga @Benzinga on x 306.9K followers
Created: 2025-07-20 14:59:53 UTC
An 18-year-old recently turned to Reddit’s Personal Finance forum looking for help on how to start investing. The teen already has a savings account earning XXXX% APY through Wealthfront but wanted guidance on making smarter long-term financial moves.
Redditors jumped in with advice, and the top suggestion was to open a retirement account. Since the teen is likely in a low tax bracket, many recommended starting with a Roth IRA.
These accounts are taxed upfront, but all future gains and withdrawals are tax-free. Others noted that even without an employer-sponsored plan, anyone can open an IRA, especially if doing freelance or part-time work.
Another big tip was to start thinking like a business owner. The teen currently works full-time in HVAC, and commenters encouraged learning the ins and outs of the trade as well as how to run a company. Owning a business offers greater income potential and more control over financial stability.
For those not ready to run a company, index funds came up as the easiest and safest way to begin investing. These low-fee funds track markets like the S&P XXX and outperform most active investors.
At 18, the poster has time on their side and can afford to ride out any market bumps.
XXXXX engagements
Related Topics tax bracket retirement longterm wealthfront apy savings investment finance