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Son just turned 18 and would like for him to start investing now. Also, based on this advice, could I theoretically just give him $12k to start today and he would be ahead 10 years based on the compound interest theory? (Should this be in r/finance?) I am specifically looking for what to put the money in for him today. Also, would I be opening a standard TD Ameritrade trading account and just buy and let sit or do I have to specifically open an IRA?
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