Does anyone have any suggestions for a 16 year old interested in investing in the stock market?

Question

How should I go about doing it? how much would you suggest I start out putting in? with who? Any tips or advice would be much appreciated. ~ Ren

Answer 1

I thought the "Old Guy" gave you alot of helpful information for getting you started in the stock market.  

I like to give you additional sites that will also provide you some useful information

http://finance.yahoo.com/

http://www.investors.com/?tn=top

http://www.thestreet.com

http://www.brokerage101.com/

http://www.decisionpoint.com/TAcourse/TA...

http://www.grahaminvestor.com/

http://www.morningstar.com/

Good luck on your journey and don't ever let any one tell you not to invest or you're too young

Answer 2

It's a great idea to start investing early but make sure you do a little homework first.  Understand the difference between longterm and short term investments, try to define some goals, and i would not recommend trying to pick out indvidual stocks.  If you are not investing much it may be difficult to get much professional help so use books and the internet(msn money ect...) to learn the basics.

Answer 3

Read the book "Wall Street: The Other Las Vegas" by Nicolas Darvas.

Answer 4

i recommend you to visit this site below if you 16 years old interested in investing in the stock market:

Answer 5

Find someone who is a friend and will give you free advice, they'll help you understand and pick. Start reading books on basic investing. Start by buying stock in companies you like. For example, if you like shoes and you're an athlete, buy Nike. Now is a great time to start, you have lots to learn but it's fun!

Answer 6

Before you do any investing with actual dollars you should first learn what you are doing, why your are doing it and how to do it,

There are many websites out there that could be very helpful for you

Always visit MSN,Money, they have investment ideas, not only for amateurs but also for professionals. http://moneycentral.msn.com/home.asp  While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why.  

Other website that can provide instructions and help with procedures and terminology are

Investopedia will give you the general terminology that is used in the industry with some directions for you  - http://www.investopedia.com/  Stock Charts  will teach you some of the technical aspects of investing, although you may not want all  of this at this time, the site also provides a dictionary of terms that are extremely helpful - http://stockcharts.com/

For general information visit Investors Hub http://www.investorshub.com/ and

One Source  http://www.1source4stocks.com/

Another site you will find very helpful is Trading Markets which not only gives you investing ideas, but there are many advertisers or programs that are tutorial http://www.tradingmarkets.com/