 Investments help now please? |
| i have never had alot of money all my life but came into ÂŁ15,000 and was persuaded too invest it by my bank ,for 5 years , so far because of the fees they have taken , and a loss in the market , i ... |
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 What do you think of the FOREX trading platform? |
| I've only had experience with the MarketAxess Fixed-Income trading platform, but am interested in setting up a demo account with FOREX. Any thoughts?... |
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 How much money can i make a month investing 20,000 inr in share market ? |
| how much money can i make a month investing 20,000 inr in share market ?and in which companies do i invest?... |
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 Favorite online stock broker? |
| What is your favorite online stock brokerage? I know there are many, many choices; ETRADE, Charles Schwab, Scottrade, Gorilla Trade, etc. etc. Which, from your experience, do you like and why?... |
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 Experienced People Only: Investing? |
| I am looking to purchase stocks soon. However, I know NOTHING whatsoever about the stock market and how it works. Before I read a few books, is there any core information one NEEDS to know?... |
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 How does stock work, and where do i begin? |
| im very young, and still in high school. So im living off my parents, i work 2 jobs, i have money to play with. And im looking to kind of.. set up a good source of $$ for the next few years. What ... |
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 Federal reserve? |
why does the federal reserve focus primarily on controlling commercial bank lending as opposed to other financial intermediaries lending?
Additional Details
yeah..i know it's tough..... |
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 Are we officially in RECESSION now? |
| after today's disappointing job report?... |
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 Is The U.S. Dollar loosing Value? |
| If so then should'nt all the rich people be concerned about this. since This President has been in office and this war and all. and The fare trade agreement that allowed all the jobs to go ... |
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 Does anyone understand day trading? |
| If anybody has ever read any of my posts on real estate, I consider myself a fairly savvy real estate investor. However, I have heard about and want to learn about day trading in stocks. I have an ... |
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| What does the stock market crash mean in laymonds terms? |
| what does the stock market crash mean in laymonds terms? hypothetically if the stock market in america went from where it is at now which is around 9000 points, and plunged to 6000 or even to zero, ... |
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 Why is it bad when people sell their stocks? I don't quite understand the market dropping like it is.? |
| I guess my question is why are people freaking out about sub prime mortgages, and why would they sell shares because of it?... |
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Jason the juggernaught | I am a 14 year old hoping to become a after school investor....? |
I lost my job as a soccer ref in Canby OR when me and my family moved to Seattle and the Seattle referee association says that they don’t except people under 16 to ref so I was thinking of becoming a stock investor I have $1000 to work with (of my job money not my parent's money) I know what the points are and when to buy and when to sell I just don’t know how to get started by myself because all the wealth management places (that were creditable) have a at least $10000 account minimum or more please send me any info u have
Additional Details
that is relevent |
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jasdudley
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Well, I do not know if you are interested in investing in the stock market or in the futures market, but I'm pretty sure you have to be a legal adult. The process of setting up an account with a brokerage firm includes the signing of a contract and I'm certain one of many regulations state a mininum age.
Perhaps you can have one of your parents start this account and maybe (if they absolutely trust you to conduct yourself in a mature and appropriate manner) they will give you full autonomy of the funds within the account; especially if it is all you own money.
I know that not all brokerage firms have a $10,000 account minimum. When I was in the futures market with Farr Financial, their account minimum was $5,000. I've heard that other firms have lower minimums and even of some that do not have any kind of minimum.
Be sure to look into several firms and shop around. Most firms are people-friendly, and you should have no problem finding one that makes you feel comfortable.
If you're going into futures, look into Farr Financial. If you're leaning toward the stock market, look into Scottrade.
Lastly, I must commend you on your foresight and willingness to invest your money. Most poeple would rather throw their money into something superficial or tangible...not that there's anything wrong with that..its just good that you're keeping an outlook for your future.
good luck |
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Kenneth C
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One of the best books I have ever read was Rich Dad Poor Dad by Robert Kiyosaki. It won't tell you how to make money, but will lead you in the right direction. It tells you how to look at money and understand it a little better. Good luck with all of your ventures.... too bad more kids aren't like you. |
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Demonspawn
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Talk to your bank the might have investment options that will give you a high rate of return. Most investment companies will not deal with a minor so if you go that way you will need your parents to invest your money in trust for you. There are also savings bonds that will give you a higher rate of return then most bank savings accounts. Be sure to look at all your choices before picking one you don't want to lose the money you already have. |
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Umar M
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y dont u just buy some saving certifictes or something like that for your money and look for another job!?.and also you can see some online investing .that will help alot.!
Anywyz man i did like the fact thats its your own money and also your studying as well as doing this stuff..iam kind of inspired so iam gonna do some investing myself too!..if you find about the online investments or any ideas plz do tell me..my email is umar.mushtaq@hotmail.com..see ya |
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Mark T
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Wow.
I'm impressed, having this sort of drive at 14 bodes well for your future :)
My suggestion would be to see if there are any "local enterprise" / "small busiess advice services" or other such facilities in your area.
The chances are that they are NOT going to directly get you investing in the stock market BUT you may easily find someone impressed with your enthusiasm and drive who will offer to guide you in business matters generally.
I am sure you already know that stock can crash as easily as it can boom - but you might not know ALL of the indicators to look for - and information is never a bad things to acquire.
As always, one contact leads to another and so on - you might quickly find that you are introduced to a "young person's business adviser" who might be able to give you exactly what you are after.
It may also be that after talking thngs through with other folks, that you find other ways to invest your money too. You might need to find a way of involving a TRUSTED adult too - as I think there are age restrictions on playing the market in the US.
Very best of luck for now and the future.
Mark |
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Tim
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'Dream BIg my dear!!!I like to see youth with Huge dreams...'
But first of all i advice you to study hard and studying,that's the key of success.
American's dream you know it??
Everyone can be mr.millionaire or the US president!! |
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garfield
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Don't you think you better invest that money in your education? |
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