i am 18 years old and my parents have a bank account in my name and they regularly fill ipos and a few shares in secondary market too. i wanted to invest myself but start with a small amount i.e. 7000 and my thought was if i was alloted any ipo, i’d sell it soon to make a little profit and increase my sum to invest in more expensive shares. but my parents have bought ipos and are keeping it for long term. i dont think there is but is there any way i can start investing myself with a new account because i donot want to sell anything my parents have put money into and instead i will use that account later when they give it to me myself. for now is there anything i can do independently?
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