Hi! I am 17 and want to start investing in stocks! Does anyone have any tips on how I should start/ what exactly to do? thanks!
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March 10th, 2010 at 3:16 am
Don’t do it. I had a stock that was $5. 16 I wish I got out at $4,$3,$2. Stock value is now $1. 95. This is not a time for experimentation stock trading. I had the same idea when I got Circuit City Stores Inc (CC) at . 87cents. Stock value is now . 28 cents. But I did get my holiday $200 savings book.
March 10th, 2010 at 3:36 am
Live,
I would like you to do some homework first. With all due respect, I’m not certain you understand all of the different issues an investor is faced with.
I answered a question similar to this just recently. Promise me you’ll do some homework before you open an account.
Please follow this link and do some research before you invest. These are turbulent times for investors. If you don’t know what you’re doing, you can lose a fortune. On the other hand, as Kiplinger’s magazine (and I don’t even know if they still publish – it was something my late Dad used to read) had on their table of contents in each issue, was something similar to:
“These times, like all times, are good ones, if but we know what to do with them. ” Wish I could remember who uttered those words – they are so true. . .
http://answers. yahoo. com/question/index;_ylt=AmPpM59Ceh. I. HAH8_aw2Bzsy6IX;_ylv=3?qid=20081026192127AA1PqUD&show=7#profile-info-LVSKzrHqaa
Best of luck.
March 10th, 2010 at 4:11 am
Must be 18.
March 10th, 2010 at 4:53 am
The first thing to do is to read everything you can find on investing. Some good publications are the Wall Street Journal, Business Week, Forbes, Investors Business Daily and some Library books on the subject.
There is a lot of free advice available like
http://thewallstreetbully. blogspot. com/
He also will send you a free weekly email on his view of the market and ratings of numerous ETFs and mutual funds.
March 10th, 2010 at 5:21 am
I think low cost no load mutual funds would be great to start with.
March 10th, 2010 at 5:45 am
Just 2 simple rules (you must strictly follow) in order to discover hot and profitable trades which will DOUBLE YOUR PROFITS within 23 minutes of the market opening. . .
You can Make $1000+ per Month by using this technique. .