Have any stock market advice?

Question

i am 13 and in need of 2000 dollars. my parents are letting me get a stock or two so i can gain this money and learn a bit about the market! i am really excited so any easy to understan URLs or your own advice would be appreciated! Also, wat stocks do you have that are being sucessful?
TSM! [thanks so much]
elementamigo4

i need it by march 2nd

Answer 1

Congratulations on your interest in the stock market. Most financial gurus started investing at your age, so maybe you'll be the next Peter Lynch!

You didn't mention your time frame or what your initial investment will be. These are critical issues when investing money. You've clearly established your goal (earning $2,000), but how quickly you'll need the money is a huge issue. To earn $2,000 quickly in the stock market, you're going to have to take some huge risks. That's not investing-that's gambling. If you really want to play it safe, open a money market fund with Vanguard. The Prime Money Market is paying around 5% with virtually no risk to your money.

Good luck and happy investing!

Answer 2

Likewise, congratulations! I have always had an interest in the stock market, but my dad does all the investing. (His money)
This depends on how long you are looking to keep the money invested. You will always hear, invest in the long term. But with todays market, it is very volatile.
Now is a very good time to invest. You have to realize what kind of stock you are looking for. $2000 in a stock worth $100 will be more stable but won't get you very many. $2000 in a "penny-stock" has the possibility make you tons of money, becuase of the low price $1-5.

I would reccomend a stock between $5-20.

I am also researching stocks for my economics class. I need to choose 10 stocks from the NASDAQ by September 28th to follow for 2 months.

Right now I am looking at several companies. First of all you need to look at the news and what is popular. For example entertainment, energy, and tech stocks should be increasing in this quarter due to the upcoming holiday season, some recent acquisitions, and falling oil prices.

Just go to CNN.com or MSN.com and click on business or money section. They have a section for hot stocks.

Big news in the tech industry, look up this symbol:
CRM.

Do some research check out the sites below.

I will email a list later if you want. I am picking 10 stocks on Sept. 28th, for my economics class project. I can let you know what I find. gimme a shout.

[e-mail]

Answer 3

As I said many times on here a very successful man once said"compound interest is the strongest thing on earth" it was Henry Ford and he was right. Don't put all of your eggs in one =basket. All ways keep a portion in ready cash certificate. It'll doublein a few years,
I would get an online account(with parents permission you can,), and start from there.
Bank start ups are a good bet. They usually split several times within 10 yrs, and are about the safetest stocks out there
Most also pay a dividend in 3/4 yrs too.Another stoci if it goes any lower is ford whjich is down now. ZDon't count them out but it's along range bet:)

Answer 4

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/4ed13

Answer 5

I wish you good luck, it is an excellent idea.

Before you buy any stock, pretend that you bought 5 or 6 stocks, follow them and value "your portfolio" on a daily basis, calculating gains or losses.

These stocks must be from different sectors or activities ( services, computers, stores, banks, etc. ), so you can develop an idea of different economic activities and the effect of the data on them.

When you move to real life, get AAA stocks ( IBM, Microsoft, JP Morgan, etc. - pick a couple of the Dow Jones index ).

Keep tracking them on a daily basis, try to anticipate the movements.

Be patient, stock market is for LONG TERM investors, don't forget it, looooong term ( 5 years or more)

Hope this be useful for you.

Answer 6

go to cnbc 6 9 and 12 eastern time for mad money he actually knows what hes saying and did a stock market project where one stock went up 30 percent. another that went up just as much and 2 that stayed the same. from his predictions

Answer 7

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 8

1.) Beware of stock tips from strangers on the Internet. This thread is already full of questionable tips.

2.) Try http://www.investopedia.com/
This site has tons of info, is well organized, and covers a lot of topics.

3.) of course there is http://finance.yahoo.com/education/begin_investing

4.) if you want to look at charts and indicators, try http://stockcharts.com/

Have fun!

Answer 9

low risk low gain, high risk high gain... if you need it fast try looking at UDTT.OB (high risk)

Its a penney stock and it has made me a few bucks.... just don't forget to sell when you make your goal... what I mean is .. invest... set a sell mark (up and down) if it goes up to that mark or down (hopefully not) sell... then take your money find a new one and do it again...

I love my penny stocks

Answer 10

These are some good sources to learn about the market and the key individual sectors.

http://winners-and-losers.com/

http://biotech-news.org/

http://energy-markets.org/

http://gold-news.org/

http://mining-profits.org/

http://ethanol.v33.org/

http://tech-stocks.org/

http://airlines.v33.org/