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Im 15 and i lifegaurd over the summers, i would really like to buy a car at the end of the summer and i think that stocks bonds ect could really help me, what company should i use? i look to be a casual trader and i have a pretty basic idea of the market. Also, any good ideas on what i should purchase?

2007-02-03 09:39:50 · 2 answers · asked by Anonymous in Business & Finance Investing

2 answers

you could do things like that at that age? wow, i didn't know that.

2007-02-03 09:48:10 · answer #1 · answered by Anonymous · 0 0

Go by fundamental valuations of a company,giving divident,with P/E ratio less than 15,non competitive,not to be affected by world politics,nonseasonal,not traded by speculators for short terms such as big players and institutions preferably of other countries like China,India,Brazil,Japan etc.
I have invested in ACH,TTM,RDY,GOL.
Study well.Don't go only by Analyst' opinions or media.D0 your home work without being emotional.
There is the differance between speculation and investment at least for a year or two minimum.
Good luck.

2007-02-03 18:04:52 · answer #2 · answered by ashok a 3 · 0 0

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