Can You Make $100 Grow Into a House?

Can You Make $100 Grow Into a House?
House made from United States one hundred-dollar bill. Shutterstock
|Updated:

NEW YORK—My preteen daughter earned her first dollars in 2018, so I wanted to seed her retirement account. But what can you do with $100 or so?

For people just starting to invest, those first steps are always the hardest. Most financial institutions do not even want you. Choose wrong, and your whole balance can be eaten up in fees.