So I was wondering, is it possible for me to set up a custodial account for my little sister (14y)? She is becoming focused on making money now and approached me about it. What do you guys think?

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Freshman in high school so yes

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Absolutely.

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Absolutely! It’s a great way to educate her on the power of compounding and investing early.

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Start a minor Roth IRA for her.

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I did this for my 15 year old brother. I used Schwab and it was really easy to set up.

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yes if you are 21.

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UTMA account

What state are you in? I would be happy to help you

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