16 Jobs for 15 Year Olds (What Jobs Pay The Most & Hire at 15?)

If you’re a 15 year old looking for a job, the market is saturated with options. You’ll have to research what jobs pay the most (or least) and what you need to be doing at age 15. This list (in no particular order) covers everything from fast food to stock market trading.

Most 15 year old’s dream job is to be an agent, superhero, or a member of a boy band. But if you want to make some serious money at a young age, there is a handful of jobs that are ideal for a teenager’s skill set. From a dietician to an accountant, we have compiled a list of 16 jobs that pay the most and hire at 15.

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Acorns

Minimum deposit $5 with a monthly fee of $1.

Automatic free money investment

Earn up to 5% cashback with an interest-bearing current account.

Hideaway

Start with an investment of just $5.

Buy fractional shares of companies like Amazon or Apple.

Only $1 monthly fee (for accounts up to $5,000) or 0.25% annual fee for accounts over $5,000.

BlockFi

High return (8.6%) on your deposits in cryptocurrencies.

No minimum withdrawal requirement and no monthly fees

Gemini insured portfolio – $200 million insurance value.

Penny Stock’s top 3 trading platforms

1. Hideaway

(Start with an investment of just $5).

Stash is an all-in-one personal finance app that combines banking, investing and advice in one place.

What makes Stash a beginner’s app is that it offers advisory services and allows you to start investing gradually, starting with $5.

This is why you should consider the Stash app as a potential penny stock investor:

Start with an investment of just $5.
Buy fractional shares of companies like Amazon or Apple.
Set up automatic deposits on a weekly or monthly basis.
Only $1 monthly fee (for accounts under $5,000) or 0.25% annual fee for accounts over $5,000.

Start investing from $5
Buy partial shares of companies like Amazon or Apple
Set up weekly or monthly automatic deposits
As little as $1 per month (for accounts under $5,000) or 0.25% per year for accounts over $5,000
2. The rocket dollar

(No minimum initial investment)

Rocket Dollar, one of the leading investment apps in the US, allows you to invest in stocks with no minimum amount.

In addition, Rocket Dollar is especially good for you if you want to invest for retirement because it offers several retirement accounts, such as… B. :

Traditional IRA
Roth IRA
Rollover Roth IRA
SEP IRA

With Rocket Dollar, you can invest in just about anything from stocks to precious metals to real estate.

Rocket Dollar Summary
One-time account fee – $15 for the basic account and $30 for the gold account per month
Wide range of assets you can invest in (stocks, bonds, IRS asset classes)
Easy to get started – you can open and create an account in just 10 minutes
No minimum investment
3. Community application

(No minimum account required)

The public app provides a social platform for all your market investments, making it the best option for inexperienced traders.

What does social platform mean? With the public app, you can follow other stock investors and learn from their approach. Not only that: If you follow the experts, you will discover companies with high profit potential.

Public offers a variety of stock types that you can invest in, including :

New Kids on the Block (recently listed companies)
The Future is Female (S&P companies with female executives)
Cannabis
BioTech
Autonomous cars
Etc.

Public application summary
Ability to buy stocks for small amounts
Free investment platform – no fees or charges
2.5% interest on your uninvested money
Ability to trade fractional (or whole) stocks in real time
What are penny stocks?

According to some financial experts, penny stocks are stocks that trade for less than a dollar a share. Others, like the SEC, define them as stocks that trade for less than five dollars.

Their appeal is obvious – individual investors can acquire hundreds (and marginally thousands) of shares in a single purchase. Suppose you own 500 shares of company A. In one day, the share price rose from 0.30 to 3.00. In an instant, your position goes from $150 to $1,500. You will never see 900% gains in an ETF in one day, let alone in one year.

Your initial investment Your capital after the price increase (from 0.30 to 3.00) Growth
$150 $1,500 900

However, the same scenario could also develop in the opposite direction. Instead of going from 0.30 to 3.00, let’s say it goes from 0.30 to 0.03. A 90% drop in the stock price reduces your bet from $150 to $15. This scenario, which affects countless traders every year, is why penny stocks have such a bad reputation.

What are dividend stocks?

Dividend shares are shares that distribute a portion of the profits to shareholders every quarter or every six months. For each share you own, the issuing company pays a certain amount each quarter. For example, if Company B pays $0.50 per share/quarter and you own 200 shares, you will receive $100 per quarter, every quarter.

Do the math. If you own enough dividend stocks, they can give you relatively predictable passive income. So if you already have a solid capital base, you are better off investing in this asset class than penny stocks. Their goal is safety, not aggressive growth.

Penny stocks versus dividend stocks. What should I choose?

But what if you’re in the middle and can’t decide between penny stocks and dividend stocks?

In other words: They’re not going to work, but they’re far from retirement.

If this is your situation, why not diversify your investments into publicly traded and dividend paying stocks?

How to invest in growth stocks and stay safe?

I want to give you some tips on how to invest in penny stocks. But the good news is that you can also apply these tips when investing in dividend stocks.

1) Separation of investments and savings for life

This guide assumes you are passively investing (i.e., you buy and hold ETFs and do nothing). You should know that taking on investments is like switching from a bus to a supercharged motorcycle. It’s more exciting and you get there faster, but the risks are much greater.

So make sure you play with funds that you can afford to lose before you start trading stocks. In other words: Don’t invest your rent money in a stock that can drop 50% overnight.

2) Do not invest more than 10% of your portfolio in income producing stocks.

When you make your first profit on a stock, it’s a dopamine rush like no other. But don’t let this lingering feeling put you in a destructive position. Instead of going to the moon, the volatility of this asset class can easily sink your portfolio.

To avoid the worst case scenario, limit penny stocks to no more than 10% of your portfolio. Fill the remaining 90% with more stable stocks such as blue chips, ETFs, bonds, cash, etc.

How do I choose my equity portfolio? Look to reputable sources like InsiderFinancial.com, which does a good job of reporting on stocks on the move.

3) Channel the gains of penny stocks into dividend stocks.

Market commentators constantly talk about the power of compound interest. If they are right, far fewer analysts are praising dividend stocks. By investing heavily in a diversified dividend portfolio, you can increase your cash flow, which will give you financial freedom over time.

Start planting dividend stocks by depositing $200 a month (or more). If your dividends generate income, recycle the proceeds into new dividends. Plus, when you receive your stock earnings, you have to put a significant portion of that money into – you guessed it – MORE DIVIDENDS.

Eventually, your situation will reach a point where your quarterly dividend income covers more than 100% of your financial obligations. At this point, you are officially free.

4) Play to win, but play it safe

Aggressive and safe investing may seem like a conundrum, but it’s not. By doing research and setting up a reliable system, you can protect yourself from deadly risks. Be vigilant, and you can quickly make enough money to get out of the rut.

Closing thoughts: Is it worth investing in penny stocks?

Although trading penny stocks is the best option for beginners, it is not for everyone. Like any other investment, investing in shares involves risk. However, when done properly, trading penny stocks can become a profitable way to make money.

I encourage you to learn more about investing and how to use the robo-advisor services that most investment platforms (including the one I mentioned above) offer to beginners.

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Frequently Asked Questions

What is the best job to get at 16?

The best job to get at 16 is to be a cashier at a grocery store.

What teenage jobs pay the most?

The highest paying teenage job is a computer programmer, which pays $97,000 a year.

What are the best jobs for 15 year olds?

The best jobs for 15 year olds are jobs that are not too physically demanding, are not too dangerous, and are not too stressful. Some of the best jobs for 15 year olds are jobs that require little to no experience. Some of the best jobs for 15 year olds are jobs that are in a field that the 15 year old enjoys. Some of the best jobs for 15 year olds are jobs that are in a field that the 15 year old is good at. Some of the best jobs for 15 year olds are jobs that are in a field that the 15 year old is interested in. Some of the best jobs for 15 year olds are jobs that are in a field that the 15 year old is passionate about.