{"id":37555,"date":"2025-01-20T05:31:17","date_gmt":"2025-01-20T05:31:17","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/an-11-year-old-with-a-big-problem-the-barefoot-investor\/"},"modified":"2025-01-20T05:31:17","modified_gmt":"2025-01-20T05:31:17","slug":"an-11-year-old-with-a-big-problem-the-barefoot-investor","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=37555","title":{"rendered":"An 11-Year-Old With a BIG Problem \u2014 The Barefoot Investor"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"\" style=\"white-space:pre-wrap;\"><em>Hi Scott,<\/em><\/p>\n<p>I\u2019m 11 years old and I\u2019m trying to invest, but I\u2019m having a problem. Every investing app I try has monthly fees up to $10 a month! Can you please help give me some advice on how to find the right investing app.<\/p>\n<p>Emery<\/p>\n<p>Hi Emery<\/p>\n<p>Mate, this is a very impressive \u2018problem\u2019 for an 11-year-old to have!<\/p>\n<p>Most kids your age are picking their noses or gambling on Roblox, but you\u2019re not just considering investing, you\u2019re asking the right questions too!<\/p>\n<p>Yes, fees suck, especially when you\u2019re only investing small amounts.<\/p>\n<p>So, here\u2019s what I want you to do:<\/p>\n<p>First, figure out how much you plan on investing. Maybe it\u2019s $100 to start with, then $50 a month.<\/p>\n<p>Then I want you to google the following apps: Pearler Micro, Vanguard (accounts for kids), Raiz and CommSec Pocket, and work out how much each of these apps would cost in fees to invest in a high-growth shares option.<\/p>\n<p>Finally, show your workings to your parents \u2013 I\u2019m sure they\u2019ll be impressed. Then ask them to cover your fees for the first year!<\/p>\n<p>Remember, investing is like planting a little apple tree. You\u2019re doing the hard work by planting it in good soil now, then you can sit back and watch it grow. Enjoy the apples. Spit out the pips.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\"><em>Scott.<\/em><\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Hi Scott, I\u2019m 11 years old and I\u2019m trying to invest, but I\u2019m having a problem. Every investing app I try has monthly fees up to $10 a month! Can you please help give me some advice on how to find the right investing app. Emery Hi Emery Mate, this is a very impressive \u2018problem\u2019 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[24326,10055,1022,13177,4106],"dealstore":[],"offerexpiration":[],"class_list":["post-37555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-11yearold","tag-barefoot","tag-big","tag-investor","tag-problem"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>An 11-Year-Old With a BIG Problem \u2014 The Barefoot Investor - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=37555\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An 11-Year-Old With a BIG Problem \u2014 The Barefoot Investor - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Hi Scott, I\u2019m 11 years old and I\u2019m trying to invest, but I\u2019m having a problem. Every investing app I try has monthly fees up to $10 a month! Can you please help give me some advice on how to find the right investing app. Emery Hi Emery Mate, this is a very impressive \u2018problem\u2019 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=37555\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-20T05:31:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/bf-social.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=37555#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=37555\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"An 11-Year-Old With a BIG Problem \u2014 The Barefoot Investor\",\"datePublished\":\"2025-01-20T05:31:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=37555\"},\"wordCount\":239,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=37555#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/bf-social.jpg\",\"keywords\":[\"11YearOld\",\"Barefoot\",\"Big\",\"Investor\",\"Problem\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=37555#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=37555\",\"url\":\"https:\/\/fivemor.com\/?p=37555\",\"name\":\"An 11-Year-Old With a BIG Problem \u2014 The Barefoot Investor - 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