 CD or Money Market Account? |
| I have $1500 I would like to invest becasue right now it's sitting in a basic savings account. but i don't want to do any risky investments until i have a lot of cushion money saved up (in ... |
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 What is the best way to make small money grow? Lets say 1000 bucks? |
| Lets start with 1,000 dollars and if you cant really do much with that, then whats a good amount to start with?... |
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 I've waited too long to start investing for my future retirement,what are steps I can take to catch up fast? |
| I'm a 48 year old woman. I have a good job making $36,000 annually however I just recently got this job. My other jobs were not near this financially therefore I didn't get a opportunity to ... |
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 Do you think Ken Lay is really dead, or was his "heart attack" planned ...? |
| Remember he had a LOT of $$$$ and was CONVICTED for crimes, and was looking at sentencing (as in JAIL TIME) in October. Do you think he's really dead??... |
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 What does it mean when an item is 'struck in .999 pure silver leaf'? |
| This is a question regarding the new september 11th $20 commemorative for sale at www*911twenty*com. What does this actuall phrase mean? "Struck in .999 pure silver leaf." The 'leaf&... |
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 What is a CD and how can I get one.? |
| Now that I have a new job, I have some money that I would like to put away.... |
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 Is it legal to use other people's money to invest in stock and keep some for yourself without a license? |
| Basically, I invest in the stock market with my own capital, but I was wondering what the legalities would be for me, if someone wanted me to invest their money for them. First of all, can I legally ... |
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 Bush Said invest in stock market for retirement now, stock market plumets...what now? |
| Bush said to future generations that we should invest in the stock market. Now, the stock market plummets to lows, exactly what should younger generations do who have no financial backing, while ... |
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 I just enrolled in a retirement plan....? |
| I'm 23 yrs old and wondering how safe is investing in international funds.... |
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Joshua G | How old do you have to be to play the stock market? |
Im 17, and I really want to get into it, but I have no idea how, or if Im even old enough to. can someone help me out?? |
 |
 
Barney
 |
You can trade on your own as long as it's a trust account in which your parents bare the responsibility of your loses.
Make some phone calls to some on-line brokers such as Thinkorswim, Sharebuilder, Scottrade or Ameritrade. Ask them if they have a D.R.I.P (Dividend Reinvestment Program) available. This isn't the best way to go but it will help you build up revenue to move on to bigger and better platforms after you've learned a little more about investing.
You could also approach your mom or dad and ask them if they will go through the Investools seminar with you and help you that way. It's a two for one program, very affordable. Visit http://www.invetools.com |
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glamour04111
 |
18 |
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Hunter
|
i would think u need a certain amount of money and maybe 18 |
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oragon_man2
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If you practice trading with stocks with imaginary money. at 17yrs old yes you can. yahoo finance or msn money let you create your own portfolio, just log in and you can pertend buying stocks |
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John K
|
Nice question, If i'm not wrong, you've to wait one more year to do any kind of business, legally. Also it depends on country Constitution (law). You didn't mention which country you are from. Usually after age of 18 you'll be accepted as a matured man. But still if you would like to buy Stock you can buy through your relatives or through reliable friends. |
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Common Sense
|
Please don't "play" the stock market. It's great that you have an interest in investing (or trading). A major predictor of success is your psychology. Thinking of this as a "play' implies that it's not a "real" profession. It makes it sound like gambling. This type of thinking will hurt you.
Given your age..... now is a great time to read some books on investing. Avoid the "typical" mistakes new traders make, like;
Trading Penny Stocks
Using the media (paper, TV, radio etc.) for stock leads.
Putting over 5% of you funds into one stock.
Not having an "asset allocation".
Expecting a stock to go up.
Hoping for a stock to go up.
Not placing a "stop", or not having an exit stradegy.
Thinking you "know" what direction the market is going.
Understanding the importance of Money Management is just as important as picking the "right" stocks. |
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PikC
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I believe all you'd need is $$$ - age doesn't matter |
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Unfocused Me
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18 in the U.S., and it isn't a game. |
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