2006-07-20 19:44:21 · 6 answers · asked by ruben c 1 in Business & Finance ➔ Investing
Once you get into this money game, you have to know who you are because if you don't, then it would be a very expensive place for you to find out... From 80-90% the money of all investors are just poured in to maintain the plant of a of a company, or become the victim of hedge fund profit.... Simply ask youself how do you outwit the people in the market, when you find something unique in the big picture while others don't, then you might success....
2006-07-20 20:15:18 · answer #1 · answered by Walter Smith 1 · 0⤊ 0⤋
First try and analyze things like bulls and bears and how the stock market functions. Then set your priorities. How much do you want to invest. Short term or long term. If you invest wisely then stock market is good investment. You may want to try investing in mutual funds and then move on to invest in Shares
2006-07-21 02:55:21 · answer #2 · answered by documentary filmmaker 2 · 0⤊ 0⤋
I'm 18 and doing stock market along with study.
Well, if you've interested to make money then you can invest it in stock market. And stock market is very good bussiness.
I'm practically that I've earn 40% profit within a day. And I make minimum profit for per day 5-10%.
If you want to make huge benefit then you should move in intra-day trading then you can do it.
Intra-day trading is very risky trading but it gives us huge benefit.
For further help, please do write me at pushpendra@writeme.com
Stock market sites are:
www.bseindia.com
www.nseindia.com
www.moneycontrol.com
www.icicidirect.com
Hope this help!
2006-07-21 03:09:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You're not even out of highschool yet. I was more worried about being able to afford car payments and gas when I was 16. I barely had money left for clothes. You must be one of those kids who gets everything for free. How absolutely rough for you.
I guess, invest it. It's better than spending it on drugs.
2006-07-21 02:57:00 · answer #4 · answered by desiderio 5 · 0⤊ 0⤋
Good to hear your interested in investing. Check out www.fool.com and read up on there. Then goto www.thestreet.com and listen to Cramer's radio show, wow he knows his stuff. Thats how I learned.
2006-07-21 02:48:19 · answer #5 · answered by freshfart1 2 · 0⤊ 0⤋
Jim Cramer has some good books on the subject.
2006-07-21 02:48:12 · answer #6 · answered by Anonymous · 0⤊ 0⤋