 I am interested in trading(stocks), how do i learn and is this a good money making scheme? |
| i work full time in a retail store but have been thinking of trading, but have no clue how it goes, please advice.... |
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 What would a good investment for teenagers be? |
| How could a teenager become financially successful by starting early so he has a welthy life?... |
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 Is it feasable or reasonable for a 19 year old to use and invest in the forex market? |
Approximately how much is a good amount to start with? i am going to go to forex.com and do the 30 day free trial and see how I do.
Also for people who know forex and use it, how many ... |
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 Where will you invest $30,000.00 dollars any ideas? |
| Real Estate will be out because I don't have the extra money to pay extra mortage. thank you.... |
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 Swiss Lottery..? Have i won...? |
hi all .
Sorry to sound daft , but iv just receved an Email from a Swiss lottery company that says iv won 3,000,000 Euro's...All they need is my full postal address to send the cheque..
... |
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 Would this work? or am I an idiot? |
| I don't know much on the stock world, but say if you absolutely knew that a smaller company's new and hyped up product would sell by millions, why wouldn't put a load of money in the ... |
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 How can I double $10,000 in a month? |
| I need to find the safest way to double $10,000 in approx one mth. All reasonable suggestions considered.... |
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 I am getting a $13,000 inheritance? How should I go about investing? |
I am thinking about using $3,000 to pay off debts and catch up on some bills, and anticipate having $10,000 left to invest.
Additional Details
I am 44 and I work part time. I have no ... |
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 I have 100 thousand dollars wat should i da wit it ? |
| should i give it 2 the person who bests answer this question or what should i do ?... |
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 Who wants 8.9 Million Dollers? |
| I have recently went to my doctor to have a regular check up. Well it really wasn't, I went in feeling like a multi-millionair but when I left my Doctors I found out that I had cancer and wasn&#... |
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 How can I invest in stocks wisely? |
which are the fields in which I can get more profit?
I would appreciate if you give me ... |
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 I want to invest $2,000, tell me how please? |
Where should I invest my $2,000.
should I invest in a mutual fund or stocks.
Please tell me which mutual fund and a safe one.
Once I learn the game, I will invest more :)... |
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AD43 | Whats the best way for 13 year olds to get into the stock market? |
how much should you have to start with, and where should you go if you have no prior investing experience? |
 |
 
TechFarm
 |
You need to be 18 to open a brokerage account in the U.S.
(Looked at etrade.com and saw restrictions).
However, your parents or guardian can open an account for you and they could pass control to you (so you can buy your own stocks).
There was this 13 year old before, Tim Sykes, who put $13,000 of his Bar-Mitvah money in a brokerage account. His parents thought he would lose it all. He ended up making over a million dollars on his account. of course, he was lucky too having lived through the stock market Nasdaq bubble in the late 1990s.
Also, to start learning, start reading. Maybe read Investing for Dummies by Eric Tyson.
Also, watch CNBC's show "Mad Money" by Jim Cramer. He appeals even to Generation Y. I don't think you'll get bored. |
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Justin H
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I don't think you could do it on your own. You would probably need your parents to buy the stocks in trust for you. Although you can probably start off for less, I would say you need at least $1000 to make any serious investment.
You would probably be better off putting your money into an aggressive mutual fund. When you buy shares of a mutual fund you are basically buying shares from many different companies which basically spreads your risk so you don't lose everything if one company goes in the tank. |
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Lawrence E
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Paper trading on graph paper is an easy and a painless way to start. It takes no money but allows you to employ various strategies. Though you can take no profits, this procedure of 'trial' and 'error' will give you lessons that will last a lifetime. |
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Terry
 |
An adult can open an account for you, but I don't advise buying individual stocks initially. It would be better to get started with Exchange Traded Funds, or ETFs. These are traded like stocks, but are a way to invest in hundreds of diifferent stocks with small amounts of money.
Once you have a reasonable amount in these, you will be able to transition to mutual funds. These are more cost-efficient than ETFs, but you usually need $1000 or more to start buying into mutual funds. |
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jf
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try virtual stock exchange to practice trading then open up a account with your parents opening it up for you. Start with probably 1000 dollars. also go to investopedia to learn more about the market.
also for people telling you to grow up first that's because they were lazy at your age and now anyone that wants to succeed at a early age upsets them because they didn't take any Initiative. |
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dunkadog8
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go to top10traders.com
they give you $100,000.00 to invest and rank you agains everyone else on the website, lots of fun and a great way to learn, and it is all free
I'm the bonedog on that website....I'm making a killing...... |
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carolyn i
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Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.
http://www.tutorialforyou.net/investing/
wish it will help you.
Good Luck , Best Wishes! |
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Top Contributor wanting >:))
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i think the best way for you to get into the stock market is by learning the ins & outs of investing. some people play "chash flow 101" this way they learn where and when to invest their passive income. its fun to do rather than do a trial and error with your investments. :)
enjoy your youth. you dont get to do when you're old. :) |
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dznut28
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I have a 3 year old son and I opened up a etrade account for him (custodial account) and placed a $1000 in the account and bought mutual funds for him large cap, small cap, international, and fixed income funds for him for long term growth. I use the tools they offer to help me learn about investing nice easy step by step instructions really helped me and I have really no prior experience in investing. There is also sharebuilder which is a really good beginner site as well and they have no minimum opening fees, etrade has $1000 min, scottrade has a $500 min, and some of the other sites have $2500 min deposit for opening an account. |
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~broken angel~
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how about we work on growing up first |
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nAnCy iS oN!!!!
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is that possible???? |
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iiLoveHim?
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well get good grades in school and thyll hire you |
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luminosa
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Finish school then go on to college so you will grow and mature to make your dreams of the stock market come true. If you have a desire to work the market at age 13 you just might turn out to be a successful Financial Adviser one of these days. Keep those dreams alive and work towards your goal. |
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