Should I start to invest now or wait?

I am 16 and have been talking to my parents about investing some of my summer job money in the stock market.... I don't know if I should wait because of all the recession talk. What do you reccomend?

I'd invest now... especially in oil companies because you won't see big oil companies collapsing with the ever-increasing demand for oil. I just made a purchase last week and already have a 7% return. Recessions don't mean the oil market is in a downturn... invest now!!

Some of the best market returns were during the Great Depression. You're always better off buying when news about the economy is bad that way one is buying low. Stay away from heavily debted companies and one should do fine.

What are you waiting for. Start investing, ASAP, don't worry about recessions, they come and go.

There are thousands of young people just like you that should be investing but weren't smart enough to do it
You could look into Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.

Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website it has an entire section on mutual funds and Exchange Traded Funds. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.

Just do something positive for yourself, you'll never regret it.
And don't let any one talk you out of it, especially those that don't invest.

It's about time you started, so hurry up and get with it you;ll be 20 soon and that's getting old, next you'll be able to drink (legally) and have nothing to toast
Good luck on you journey,

Guess what young lady? You're smarter than most of us were at 16. There are great stocks out there that are doing well, even in the economic down turn (which by the way is natural).

A great way for someone your age to invest summer job earnings is to put your money in a mutual fund, or better yet, an ETF (exchange traded fund). These are bundles of stocks organized by sectors (real estate, bio-tech, energy, etc). You can pick bundles from any sector and from any country in the world.

You can buy and trade them just like stocks through any electronic broker such as ameritrade, scottrade, or others.

I'm 57 years old and an old Kondratieff wave economic theorist. I can give you all the reasons not to invest and why the economy is likely to melt down and dump us in a new "great depression."
I started studying investing in 1973.
The worst mistake I made was believing that because no investments were as safe as they were touted, none were good investments. If you are an ordinary person, take your hopes and divide by four. Take your fears and multiply by two. Then, GO FOR IT. Keep track of your reasons and decisions, the more accurately the better and analyze your losses. If you don't bet you can't win. Other than that, look for the things they don't tell you. Be wary of hidden restrictions on how you can move your money.Because Congress sets the rules and the rules change with every election, that is the longest term planning you should lock your money into. Other than that, good luck.

Now has never been a better time for you to learn. Many people mistake the term for an economic slow down (recession) as an absolute down turn for the stock market also. This is far from entirely true. There are actually many stocks that are recession proof. Even in the midst of this recession, many stocks are still surpassing their 52-week highs. Another thing to keep in mind is because we're in a recession, many stocks have been beaten down so they are very cheap right now. I cannot say whether or not we have hit the exact bottom yet but go ahead and get in there. There are many positive things right now for new money in the market. Look into some large cap value stocks such as MO, PG, INTC, IBM, KO, MSFT (just to name a few). Email me if you have any questions.

It all depends on your goal. The most important thing to do in financial planning is to define your goal. If this money is for your college expenses, put it somewhere safe, like a bank savings account, CD or money market account. Don't risk college money in the stock market, because the market can easily go down for periods of five or even ten years (especially after you adjust for inflation).

If your goal is long term investing (ten years or more), then the stock market is probably a good choice. Be sure to invest in a diversified way (like a lifecycle fund or an index fund). Of course, you need to be able to stomach the risk of drops in stock values, which are inevitable from time-to-time. If you can't stomach the risk, then stick to something simple like a bank account.

Even during a recession , some stocks go up while others go down .
The stock market is 1000's of stock and you have to do LOTS of homework to pick the winners in normal markets but LOTS & LOTS in a bear market .

Good Luck . . . Start your studying here and create some experimental portfolios . . .

http://finance.yahoo.com/

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IÂ´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich.

If you are investing, you must have already achieved some degree of financial success, long term stock investing and/or FOREX can help you become much richer than you are today.

My experiences as a Nasdaq Market Maker, Head trader of brokerage firms, and currently as a professional trader
and private hedge fund manager, I can suggest you that:

We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow.
Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don't ever forget that.
Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it.

For me "All stocks are equally worthlessâ€

I don't hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me.
I could care less which way the market goes. It's irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading.

Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coinâ€¦ ThatÂ´s why so many new traders (and investors) lose money.

Take a look at any daily chart of any index or stock and you'll probably see the most volatility and the biggest opportunity for profit during the "First Hour" of the stock market's opening.

The popular thinking and conventional wisdom is that you should wait about an hour before you start trading.

But if you do, you'll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their
online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC.

It's easy to see why trading the open is the market's prime time for profiting from other online traders.
The market's open is very volatile - that is the perfect environment for LARGE, FAST profits.

Learn to trade as a professional Market Maker ,not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade.

There isn't any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points
in minutes OTHER than during the first hour the stock market is open. That's why I love trading the open so much.

I trade only when I have an edge and that means "only the fisrt hour the market is open".

If you are a beginning trader, you can give yourself an unfair advantage in the market trading this way.

I can continue giving you a lot of advises about how to make money trading, but if you ask me:
"What is the best thing you can do for me or that I can do for myself?

Go to this "Top Secret" site and get the BEST stocks that will make the largest and fastest day trading profits youÂ´ve ever seen...

www.onehourtrading.com

After you review this site you wonÂ´t need a system, strategy, book, software or mentor to tell you what to do,
you will be able to profit HUGE every day, picking your own stocks to trade.

Trade well,

Jonny

How about a nice Roth IRA.......great start........you can do that at your local bank..........set it up.........your a smart kid.........

Start by putting your money in the bank. They don't pay alot of interrest, but if you do the math and continue to put your money away, let the interest compound, in the next ten years or so, you will have 1000's or 10's of thousands in the bank. It always starts slow, but compounding gains momentum later on if you stick to it. Remeber the old one cent doubled every day for a month. By day 15, half way thruogh the month, you are only at $164, but by day 31 you have reached a massive $10,000,000. And you started with one cent.

Compounding in the real world doesn't work so perfectly, but it still works, and over time still gives amazing end results.Your money in the bank today will be worth millions by the time you are 50.... guarenteed. You just have to leave it in, and continue to add.

Plenty of good books out there but i recomend you read "Rich Dad, Poor Dad for Teens" by Robert Kiyosaki

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