I'm 16 and i really want a stock......??

i have had a job for a year now and my money has just been sitting in the bank....i told my parents that i really wanted one and my dad thinks it's a really good idea. I have been doing research on them but i want personal opinions on what to invest in?? what do u think??

You didn't tell us what stocks you wanted our opinions on. If I were in your position I think I would, knowing what I know today, not what I knew when I was your age, go with a mutual fund. Much less specific risk. Some you can buy just like stock. Those are the ones I would choose, since the one you buy through a mutual fund have pretty high minimum investments--$2500 is about the minimum but there are some that are less.

Here is a link where you can research most if not all the mutual funds you can buy like stocks.

http://www.etfconnect.com/

I do have a favorite out there, actually a couple, but only one that I am willing to suggest. GAM

LOL.....the guy who is telling you to go to :

101stockinvestments.com

Posted a question earlier asking the best way to invest long-term. He may have deleted the question already. I am not surre.

DRIP plans sound good to me. I have had one for over 20 years, and it has performed quite well.

Good Luck

DRIP plan is great for someone in your position. They are inexpensive to start and your dividend are reinvested for free in most cases.

They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.

The best part is you get solid annual returns from well-known, safe Blue Chip companies like: McDonalds, General Electric, Pfizer, Walmart, US Bancorp.......etc........

They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down.

I would think long-term. If you get caught up into the game of short term investing, it is likely you will lose.

Look at CD's, Bonds or DRIP plans.

The guy S King who tells you to go to 101stockinvestments.com, that is his website. I just answered a question he had posted about investing. It appears he is trying to get people to go to his website for investment advice, but he has no clue how to invest.

Don't mean to sound like a rat here, but this is your first attempt at investing, do your homework.

Good Luck

this is paul... and it is good........ i have (sharebuilder.com)... now (ing) bought them... $4 per stock you choose monthly deposit amount...... mine are good buy a few every month if you can (oil) is good get cds at your bank 3 month 6 month or more is fine depending when you want to cash it in or save until your in college $$$$$$$$$$let me know if you need mor info.

i think apple is a good investment. Talk to Chuck. ;D Charles Schwab has good reviews of companies, I think yahoo! does as well. hope this helps! good luck!

Investing in stocks is emotional like riding a bull in a rodeo. Once your in your emotions take over. You must have the same patience as keeping the money in the bank to be successful when just starting out. There is always some good companies to own out there. Here are some nice stock symbols to help you out but please do not sell them until you are ready for college and absolutely need the money as they can keep on growing for many years: UVSS, PMU, REV, GPGI, HKN. There all very solid business if given time!

Youâ€™ll find out "stock tips" aren't really tips at all. Stock tips donâ€™t do anything for you, but make you "late for the party". In other words, the chances are increased for you to lose money.

To do successful trades, you have to have your own set of trading rules. AND follow them.

I'm going to share with you some of my trading rules. I can tell you 70+ members of our trading groups can't be wrong. We follow our own sets of trading rules. Whether or not you'll use them is another matter. I'll also include some trading sayings. My family invested A WHOLE LOT of money and time to discover the following:

A] "On Wall Street there aren't any gifts."
No one gives anyone else anything - not even stock tips.

B] BUlls [BUyers] earn money.
BEars [SEllers] earn money.
Pigs get fat.
Hogs [Greedy Traders] get slaughtered. They lose the money in their trading accounts.

C] Here's what no one in our trading groups won't do:
1] We WILL NOT trade "cheap" [inexpensive] stocks. We will not trade .BB [dot BB, .OB [dot OB], which is the Bulletin Board],
.PK [dot PK], which is the Pink Sheet]
O-T-C [Over-the-Counter].
The above stock categories/classifications are far too risky and volatile.
2] We WILL NOT trade any stock which trades less than $26.51 per share. We do not want to be part of any "pity party".
3] We WILL NOT trade any stock which has less than 400,000 shares/volume per day. Volume less than this makes the stock too risky and volatile for the retail trader. Those traders having more money can trade stocks with less volume.
4] We WILL NOT trade any IPOs [Initial Public Offerings]. These stocks do not have any history to follow. They are far too risky.
5] We WILL NOT trade any stock with less than 18 months of trading history.
6] We WILL NOT trade against the trend.
7a] We WILL NOT trade any stock betwen the price of $45.01 to $55.51 - up OR down. Stocks in this range are known as "the doldrums" - they have a tendency to get stuck and not move.
7b] We WILL NOT trade any stock from $73.01 to $76.51 another "doldrum range".
7c] We WILL NOT trade any stock from $94.01 to $106.51 - another "doldrum range".

D1] When we do our research, we check the following: The Earnings Announcement Date. This happens 4 times each year, about every 3 months. Different stocks have different EADs.
D2] We check for stock splits.
D3] We check the sector and the industry. We check for the trend in that stock's sector.
D4] We ALWAYS check the news for each stock we are interested in making our investment in.

F] When ALL the criteria and rules are met, Plan your trade. THEN trade your plan.
When you know the proper strategies, know how to use them AND you follow your rules, you can earn money when the stock goes up.
You can earn money when the stock goes down,
You can earn money when the stock goes sideways.
USUALLY numbers in the stock market are expressed in percentages and in dollars and cents.
Here's an example:
ABC is currently at $27.50 per share.
You did your investigating and research. This stock passed ALL your rules.
You have your entry at $27.78 or 1% to prove the stock's trend.
Your target is $30.56 or 10%
IF the trade should go against you and you lose money, you will get out of the trade at $25.56 or 8%. This is so you can trade another day.

As a foot note: We DO NOT put any more than 15% of our total trading account balance in any one trade. If our balance is $10,000 we do not put any more than $1,500 into any single trade. Our entry is $27,78. We can buy 50 shares of ABC. For some reason or another, brokers and others like rounded off numbers of shares.

It's your hard-earned money.

Before you invest, you really should investigate what you are investing in.

As you are doing your investigating, sometimes you'll come across financial or investment terms you never heard before. You can usually find excellent, easy-to-understand definitions of many financial and investment terms by going to this free site, recognized by Y! A as a "Featured Knowledge Partner":
http://investopedia.com
Investopedia also has a free, paper trading platform. You can set up a virtual account and almost trade as though you were trading with your own hard-earned money.
http://finance.yahoo.com is also recognized by Y! A as a "Featured Knowledge Partner"

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

be careful. stock market is like a lion that could bite. But if you learn the market, it can become your friend. Never be greedy.
Some people pick quality blue chips and invest regularly at a fixed amount each month. They sell off after gaining 20% and cut loss if the value drops 10%. Good strategy but each person works on different approach. I advise u read up a great deal before you invest with your hard-earned money.
http://www.101stockinvestments.com/

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