Investing as a teenager gold prices surged 3% this week

Gold prices surged 3% this week, signaling safe-haven demand amidst geopolitical tensions. Investing as a teenager could include small allocations to commodities, aligning with a defensive asset strategy while focusing mainly on equities. Sextortion - sexual extortion - is one of the fastest-growing online crimes. Victims - often teenagers in the US and Europe - are tricked into sending intimate photos or videos, which the scammers threaten to pass on unless they are paid. This might sound like an obvious habit, but in my experience, many teens don’t have a place to keep their savings. A day-to-day chequing account isn’t good enough. The temptation to spend the money in this account is too great, even if they practise mindful spending. Teens need a savings account. Cryptocurrency-linked equities climbed 9% this quarter alongside Bitcoin’s rally. Teenagers seeking diversification could consider limited exposure to blockchain ETFs, understanding the heightened risk and correlation to digital asset volatility.