I'm 15 and I want to buy shares or invest in a company?

Question

For my birthday i asked for money to buy shares, but im not sure what to invest in, can you advise me?

Answer 1

dont bother-bad time at the moment especially bulding related shares and retail sector.

Answer 2

Same here. But I'm currently practicing on the Investopedia Stock Simulator, which allows you to have $100,000 cyber money so you can learn more about the stock market before doing it in the real life: http://www.investopedia.com

LOL, some people have stated that one shouldn't invest because the economy is bad. As Warren Buffett nicely stated: "Be greedy when others are fearful. Be fearful when others are greedy". In fact, when the economy is down, that's the best time to look as stocks which are worth a lot, a worth a little. Mutual funds are not good in my opinion as they are over diversified, which in my opinion once again, is equivalent to not diversifying. Both will lead to losses in the stock market.

Judging by your name, your a Nigerian ;).

Answer 3

I've asked that same question. Someone said the market is in recession (where you can buy cheep) and that mutual funds were a way to go. I'm no expert but it seems sensable. I'm only 18 and i'm already thinking about retirement. Way to go! Your smarter then i was.

Answer 4

Baird & Co buy some gold investment bar

Answer 5

You can't own shares until you are 18. You will need to get an adult ( like a parent) to buy them in their name.

Buying shares that are undervalued at present can be a good investment if you plan on keeping them for a few years. (big name banks are worth a look)

Answer 6

Well, first of all you will have to get your parents to do the actual investing. Second of all if you have an interest in investing then chances are your parents are investors so you should talk to them or their broker either would be more than happy to help guide you in the right direction

Answer 7

i think you have to be 18!

just enjoy being a kid! your too young to be worrying about business. that what all come soon enough

Answer 8

Anything that you think has potential, i.e. get to know the company's information before you invest in it, see if their products are sustainable (will they still be selling strong in 2 -3 years' time?) and remember to sell when you're ahead!

Be careful, though, with the economy in the cr*pper and all that.