stocks?????

Question

Im 12 and i want 2 get into buying and selling stocks.What would be best?Help! please

Answer 1

Last week I invested $3500 in Intrinsyc listed on the Toronto Stock Exchange, purchased 6500 shares. If you look up the three year chart somewhere like www.sympatico.ca for example it appears the stock is at the beginning of a new cycle (the third consecutive). So far (first two cycles) it has peaked january/february at $1.20-$1.49 and hit lows in july/august of $0.40 - $0.50. Currently hit all-time low of $0.34 this november. I am betting it will run up to at least $1.05 in the next six months.

also available at sympatico is information that Intrinsyc recently paid back $8 million dollars in debt, set a record revenue of $18 million and hired the former global sales director of Intel for 22 years to head up the companies marketing.

Answer 2

That is great to start learning about money and investing while you are young. The best thing to do is work hard, study hard, and save your money.

To learn about investing check out http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

Answer 3

Here is good place to start:

http://ibooyah.com/blog/2006/12/getting_started_step_by_step_1.html

good luck!

Answer 4

Start reading the yahoo finance and financing education 101 section . . . very good

http://finance.yahoo.com/

http://finance.yahoo.com/education/begin_investing