15 year old investor?

Question

Ive been investing for 2 years and have made a good amount of money. yesterday my dad gave me $45000 to invest. i was wondering if you could tell me how to short a stock(I know what shoring is) and any other suggestions

Answer 1

http://www.fool.com/FoolFAQ/FoolFAQ0033....

Answer 2

i think you can try overnight income investment. it more simple, workable, profitable and  no risk investment. actually your money can work for you even while you sleep, and you can get your first overnight income.

Answer 3

Ask your dad if he gave you $45000 then he is good and knows how to make the $..

Answer 4

go for options. thats what ive been doin for over a year and im 16. although i did use paper trading, i still made some good "money"

Answer 5

well for one, your too young to do anything with the stock market unless you open an e*trade account in your dads name - (he signs up for the account, but you do the transactions) - and would he want to trust you to do that?- (play with stocks).

and my other advice is to keep it in a online savings account such as hsbc (3.50 interest) - until you decide how you want to invest it - unless you already have it in a high interest savings account

Answer 6

We'll teach you everything you need to know about shorting! I'm impressed that you're 15 and have the wisdom to short stocks. Most investors aren't aware of the different ways to make money in the market.

Answer 7

I don't know how you trade right now, but I'm going to assume that you opened a joint brokerage account with one of your parents.  I don't know which broker you are currently with, but shorting is very similar to buying stock.  There should be an option to allow you select "short sell" instead of "buy" on the stock transaction page.  If you want to learn more about how short selling works, you can visit this website: http://www.investopedia.com/university/s...

Again, I don't know how you trade stocks right now, but if you are looking for a different broker, I would suggest Firstrade ( http://www.firstrade.com/ ).  They are cheaper than big name brokers such as Etrade, Ameritrade, Scottrade, and Schwab.  Service is great and their website is easy to use.  You should definitely check them out.

Answer 8

I do not believe in such a thing as being "too young" to be an investor. As long as you fully understand what you are doing and the risks involved there shouldn't be a problem. In order to begin shorting stocks, you need to open a margin account with a broker. A good example of doing this is to borrow 10 shares of company "X" which lets say is valued at $800 a share and then sell those ten shares at the total market value price of $8,000. The company's stock is speculatively overpriced and in the next two months, falls to $350 a share. You then turn around and re buy the 10 shares at the price of $350 which you return to your lender. Now you have just made yourself a whopping $450 on each share and a total of $4,500 because you legally borrowed and returned 10 shares regardless of their pre-existing market value. Now the only problem is if the stock instead rose to lets say $850. You would then be forced to re buy the shares at a higher price thus loosing money when returned to the lender. And my only suggestion to you is to keep doing what your doing and don't let anyone make you feel as if you are in the wrong as long as you feel that you are doing the right (and legal) thing. Plus you could end up being very wealthy.