How Can a Teen Invest In The Stock Market???

Question

I would love to invest money into the stock market, end up owning parts of large companies, at such an young age. How do I go about doing that? I read an article on an girl who mother let her daughter invest $50 monthly & now she own part of Wendy's, McDonalds, & Footlocker. AMAZING!

How can I do That...Who, Where, What

Answer 1

This "INVESTMENT GUIDE" is more helpful for you to make your money to make money for you,without taking any risk.

To gain more information TO INVEST A LITTLE AMOUNT IN STOCK MARKET EVEN IN TEENS,just gothrough the site

http://www.savings4future.com .........

GOOD LUCK

Answer 2

You can see a Invesment Advisor and they can invest for you..... or you can open an online account like an Investopedia, Scottrade, etc.

Good luck!!

Answer 3

Open up an account on etrade, ameritrade or scottrade.

Send them a check to deposit into your account and you're all set. But be careful....the stock market is doing HORRIBLE and it's going to get worse. I suggest looking into gold mining stocks or you can trade ETFs (Exchange Traded Funds) which are safer. It's like owning a mutual fund but you can trade it like a stock.

Check out GLD and GDX....2 gold ETFs that should do very well over the next few years as we sink into a recession.

Just remember, good companies don't necessarily mean good stocks. But then again at such a young age you can afford the risk. Go for it!

Answer 4

First of all...stay away from gold (or any commodity for that matter) unless your strategy is to buy high and sell low (or in other words - if you want to lose money).

Check out zecco.com which has relatively low fees for purchasing individual stocks.

You are on the right track for investing.  The sooner you start, the better off you'll be.

Good luck!