Whats the best thing to invest in?

Question

im a 14 year old kid, i dont know everything about investing but my best freind does and he told me its good to invest in coca cola? is that true? if not what could i put about 500$ in?

Answer 1

The company Coca Cola is what is called a "Blue Chip Stock". This means that this company is constantly very stable where the price of the stock does not rise or fall heavily over periods of time. If you were to invest in Coca Cola you would not make or lose very much money because the price the stock usually remains about the same.  To pick the right stocks you really have to study the market and know which stocks will rise greatly when they are at a low price and then sell at thier highest point to maximize profits.

Answer 2

For anyone that asks this question, the best thing to invest in is a Certificate of Deposit (CD) from a bank.

Once you are comfortable with that type of investment, the next best thing to invest in is stock index mutual funds.

Beginning investors should not buy individual stocks, and should certainly not trade options, futures, or currencies.

Answer 3

in my experience , either stocks or foreign exchanged

below is what i joined for more than 6 months and 100k with them

Answer 4

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GOOD LUCK

Answer 5

The investing climate is awful right now. Until things improve, for the next couple years just put your money into an FDIC insured time deposit at as high a rate as you can find, maybe 4%. Give the next president time to fix the mess this one made of the economy.