I want to start making my money work for me. I'm 19 year old and want to start investing. Which way should i go? Mutual funds? Roth? Stocks? Also i only have about $2000 to play with. Any help ...
first of all, can a teen invest in stocks or other "money making schemes" or do you have to be over 18?
if a teen can invest, what is the first thing you should do? like what type of ...
I'm baffled here. When the price per barrel was $35 two or three weeks ago, gas prices were as low as $1.49. Oil has been under $40 for a week and were still paying close to $2.00 which is ...
Alright i know they invest in things so can you explain the basics of that to me.I wanna know how to become one,(I know they use math but how much and what kind),How much do they make, and is broker ...
okay, i need money to buy webkinz for my brothers and me, with $14 for large ones, and $10 for the Lil' Kinz! What should I do? Christmas is coming up, and I only have one dollar and twenty-five ...
there are no limitation of stock holding period. Unless you are concern on the tax implication on your profit.
laduron7
There are no legal minimums or maximums. But there are tax implications.
So Cal Johnny
As long as you want...hiddyup panza....
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no limit. u can sell the same stock on the same day or hold it till you die (assuming the company still exists when u die)
Brian L
Well there is a 3 day settlement period. So if you dont have a margin account you can buy a stock, hold it for as long as you want ... 1 min ... 1 year ... 10 years etc. Then sell it. Then that money is tied up for three days, so you cant make another round trip with that same money for three days.
You can buy into another/or the same stock immediately but you cant immediately sell it, you have to wait the three days.
So when you sell a stock with a non margin account its best to just wait the three days before you do anything with the money.
vinay
The minimum period is when your Greed comes to an end regarding the profit,
and the maximum period is uptill when you have a sound financial position to hold on.
It all depends upon the individual.
Regards
Vinay
Ronh
In the internet age, when clicks register online, it may take you only about 5 seconds to buy/sell a stock. There's no stopping you of holding the stock forever.
Ashok
NONE
Wright
Min would be as soon as you could sell it and max would be till the company goes under?
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