I have $40 to invest. How can I make this grow?

Question

I've always aspired to be like Warren Buffet not only because of his wealth, but because of his money smarts. I really have no clue about investing and stock broking and such, but I am very interested in it. I plan to study it in college this fall. Anyways, with this $40 can I buy and trade stocks and maybe get a lot of money?

Answer 1

I currently use the discount online brokerage Firstrade http://www.firstrade.com/.  They don't require any account minimums so you could invest $40 if you wanted to.  However, I would not suggest you invest with under $100 because the commissions might eat away at your profits.

Answer 2

Sorry, no can do with $40.

Just not enough to work with

Put it toward tuition for a college course