Should I invest on a stock?

Question

I'm 17 and I'm just wondering so I can make the right decision when I'm 18.

Answer 1

The long term answer is "yes". But before you just jump into buying stocks I suggest you do some reading on investing in general. There's a plethora of material to help guide you in making sound investments. Suggest you start by simply doing a web search on "investing for teenagers". There's plenty of material available to help guide you on your road to riches.
Stocks are probably not the first investment you should make but since you appear to have your head on straight you can make that decision on your own after doing some research on the subject.
If only I had done that when I was your age. Took me 60+ years to figure out how to get my finances in order.
You're on the right track guy. Best of success to you!

Answer 2

Only if you can afford the risk. There is risk associated with investing in the stock market. Normally an 18 year old is somewhat occupied with continuing his/her education and does not have a great deal of time managing investments. I started investing in stocks at age 17 and have been doing it for many with some success and also some failures. Overall, it has been very successful.

Answer 3

It 's not the question should or should not invest. you should., but you have to learn the right way to invest. If you get the wrong information, you will get burn.

Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.

http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:

fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy

technical analysis==(chart+indicator)>> when to buy

Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live

At the age of 32. my 401k is amassed 71,000.00 and 30000.00 in taxble account. by follow simple rule

Answer 4

Have you earned enough money, so that you can take that risk??
If yes than definately you can and not should, invest in the markets..
You need to map the markets efficiently before investing money.

Answer 5

only if your making a casserole try an oxo cube

Answer 6

it is a risk not worth taking.