I want to invest in a stock.?

Question

I'm 12 years old and I want to invest about 50 dollars in stock to learn how stock works. Any suggestions? Like where to invest and how. Thanks

Answer 1

Some companies will sell stock directly to you. The plan goes by the name of DPP (direct purchase plan). Companies that offer this plan also allow you to reinvest the dividends. For a person such as you this would be a perfect way. Unfortunately, not all companies off such plans and if you go to their web sites, it is very difficult to find this information. This is because the SEC does not allow them to advertise the feature.

One company that I believe offers this is Bob Evans Farms. I have included a link to their site where they discuss the plan.

I have also included a link to a site that shows what companies offer DPP.

Another option is to use ShareBuilder. They charge $4.00 to purchase the stock. For $50, that is almost 10% so that is not a real good option for you.

Answer 2

sure nice to see some one of your intrest this early ..
Good for you.. wished I did that .
for starters get your parents help have them open you an account at sharebuilder.com or if you want an email promo that gives you $25 bux after your first stock buy.. then have your parent e-mail me asking for the promo link .
even if you don't want the promo still go with sharebuilder coz u can buy for just $4 a trade on Tuesdays..
As far as buying a stock I would say go with stock symbol MO Altria (phillip morris )
you can buy fractional share at sharebuilder and be sure to click on reinvest dividends which is like a drip program and builds your stock to more shares over time..
good luck in whatever you do..
IDCC is a good one too... no dividends there yet tho.
[e-mail]

Answer 3

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 section 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 74,000.00 and 30000.00 in taxble account. by follow simple rule

Answer 4

$50 is not enough to invest an anything. have fun, you are too young to worry about stuff like this.

Answer 5

am an auditor in the bank and i have a business proposal which might interest you. So keep intouch lets see if we can work ouyt things together. I am looking for a partner whom i can do partnership investment with. My number is 00225-07206022 i wat or your reply and call mr mark collins