How to start investing when i am 20 and do not have much money to start?

Question

I wonder how to earn some money from investing even when i am young.

Answer 1

Without having more information about your personal information, such as age, current income and other data such as risk tolerance, martial status, and demographics it would be very inappropriate for me or any other responsible person to provide specific investment information in this type of media

There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs).  One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience.  Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.

Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website http://moneycentral.msn.com/home.asp  it has an entire section on mutual funds and Exchange Traded Funds.  Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.

You could also contact the funds companies for more information.  I have found that Vanguard & Fidelity can meet your needs for mutual funds.  The service and information they provide is all free and you will find it helpful.

Regardless of what you decide, do not ever let anyone tell you not to invest, especially those that do not invest themselves and you are not too young to invest.

Answer 2

Go to investors.com and do a little research from their site and try out their trial offers, they're worth it... They will teach you many important factors when it comes to trading and it can even be started on a budget. I'm only 19 and have learned a lot from Investors Business Daily over the past 3 years and subscribe to their "Top stocks under $10" Hope this helps.

Answer 3

You should get into Direct Investing with DRIPs (Dividend Reinvestment Plans).  You have time on your side and the value of Direct Investing is that your money grows in the long-term.  

The biggest benefit of DRIPs is that you're buying stock without a broker, you're buying it directly from the company.  That way you avoid all of the broker fees and c**p, which from what you say is something you can't afford anyway.  

You can pick a company and buy one share if you want, any amount of money will get you started.

Trust me, I was 20 not too long ago and someone convinced me to start with DRIPs and now I'm way farther than I thought I'd ever be at 26.  Moneypaper is the best in my book, they do everything in house and can explain it very well.  

www.directinvesting.com will get you started.

Answer 4

i think you can start with overnight income investment. it more simple, workable, profitable and no risk investment. check it out at: