question about stocks?

Question

Umm....how old do yuo have to be to buy stocks im 11 and i know everyhting abvsoulutly everyhting about them except how old you have to be to get them....I WaNT TO BUY SOME

Answer 1

Well thats great to hear....

There are some "fun" stock sites you should try first. Here is one I was trying. The EXACT same stocks that are available in the market are available on this site only you use fake money.

You should learn about the market before you lose any hard earned money, this should be a good start for you.

I bet you're a future success story since you're already getting started ;)

http://www.wallstreetpros.com/ youll have to sign up but have fun!!!

Hope this helps!

Take care.

Answer 2

you can buy stocks through brokers such as ameritrade.com, scotttrade.com, e-trade( not sure of website) etc. you have to be 18 to legally trade but im 15 and i trade with ameritrade and i have made 10% profit in last 2 months. also, to actually make good money, because it costs $10 per trade ($10 for buy and $10 for sell) you should have a good bit of money on hand, which my parents were willing to give me ($45000). you should go to the website that the other person mentioned which was investopedia.com which gives you $100,000 virtual money to buy real stocks in competitions with other users with the website. Some restrictions of the website include not being able to buy penny stocks. =(. just some advice, getting into stocks at 11 is great and all, but you sound a bit overconfident and arrogant saying you know everything...the only way to truly understand something is to experience it and you should try your hand at stocks with virtual money and see how you fare before you actually invest real money. Nobody can ever fully understand any subject especially something as volatile as the stock market. overconfidence could bring about the downfall of many young investors. All the young investors haven't even been through an entire cycle of the stock market ( that is, a bull market followed by a bear market or vice versa. ) understanding stocks is a lot more than knowing what volume is or what terms on a company's quarter report mean. it's about seeing if the volume is healthy, if the company has potential to grow, if the company offers a great product/service in a growing industry, if the company is actual making money, cash flow, ceo buying or selling shares, etc. and piecing all this information together to see if you are investing in a great company. stock prices are only driven by the speculation of stock investors for a company, which might be reasonable or unreasonable. often times, a company is overvalued because the speculation is extremely high. i have studied the stock market crash of 1929(which ushered in the great depression in the u.s.) and the crash in 2000. in both cases, stock prices were ridiculously high (in 2000, stock prices of average companies reached 700's, 600's per share) and in the case of the 1929 crash, people were investing their life savings into stocks because to them, the stock market always went up and it was a sure way to make money. don't just buy stocks because people are investing, you have to study stocks and understand them. you will never be able to learn anything new if you think you already understand everything and that everything you hear is bs.
lol this is probably like 30X more than you were asking for.
good luck investing and try to be less arrogant.

Answer 3

11 years and want to buy stocks? That's awesome! You know Warren Buffett started when he was 9? You're on the right road. I don't want to be mean, but if you know absolutely everything about stocks and you just don't know how to buy them, I see a problem. I would say do some more research. Read books and watch CNBC Try some paper trading first. http://www.investopedia.com. Learn as much as you can. Good luck! By the way, I think it's you have to be 18 to legally buy securities, but that doesn't really matter. I used Ameritrade when I was 17.

Answer 4

11 and into stocks? wow.