Im 15 yrs old and want to invest like stock marketing can someone plz give me INFO.?

Question

Im 15 and want to know about the stock market how does it work? How old do you have to be?? Please give me all the info that you can find that is accurate thank you!!!

Answer 1

I think it's great that you are learning the market. Wish somebody would have explained it to me when I was that age.

Happy researching and reading and best of luck to all!
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Answer 2

That's a great goal for someone so young. If you want to invest then your going to need a nice chunk of change. SO while your saving you could start researching stock by making a stock "journal". Pick a few and watch them every day. Record if they go up or down and how much. You should also try reading up on some of the terms and guidelines. If you have and economics class at school then take it and learn about supply and demand. On a personal tip. Invest in things that people cannot or will not live without like oil and gas or hospitals. Stay away from airlines and fad companies. Walmart is pretty good too but expensive. You might even call a few investing firms where you live and explain your age and the situation...maybe they will give you some free pointers or offer you to come by and have a look at how things are run. Good Luck and make good investing choices.

Answer 3

Cool. A good way to begin would be to start a retirement fund. (Even though it'll be decades 'til you retire, you'll be a millionaire if you start now.) I just starting one a couple weeks ago, and as someone who never understood the stock market before, I found it fascinating. I am through the American Funds. It's an international company, so if the American market isn't doing well, money will just be invested elsewhere in the world. The great thing about starting this, is even if the market goes down, your going to still make a profit off the interest, your money is always growing---and if you need to take money out for college, you can take out the money you put in after five years and the interest will continue to grow. Go have a chat with your bank or even an insurance company (a life insurance agent) they'll be able to explain the process further.

Answer 4

You'll of course want to research companies to invest in. I'd suggest companies that have been around for a long time, because usually if they go belly up then you know there's a problem. You may want to go through a bank or broker and set up an accuont/portfolio. You tell them how much of a risk you are willing to take(how much money you can invest and how much you can afford to loose) At your age I'd suggest starting with something conservative(not a big risk)and then later on if you want to and you have the money to do so set up a more agressive(higher risk)portfolio. Remember buy the stocks when they're down and then sell them when they go up, so you can make a profit.
How it works is you put your money into a company, that company spends that moeny.(Basically you're buying a piece, or pieces of a company)and if that company makes money, then you make money and if they loose money then so do you.
Also, start sending out letters and E-mailes to companies requesting Annual Reports. Those are financial statements and give more info about what the company does and how money will be spent throughout the financial year.
I'm not sure if you'd need a parent to sign the papers for you, since you are a minor and usually minors can't contract with anyone unless they have a parent/gaurdian sign too.
Step 1.) research companies.
Step 2.) Start requesting Annual Reports from companies.
Step 3.) Go talk to a broker/banker and tell them how much money you want to invest and what types of companies you are interested in investing in.
Step 4.) Keep track of your stocks so that you'll know when to sell, buy or hold.

Answer 5

hey im only 15 too, i i got my dad to co-sign on the account, there really is no age limit as long as you get that taken care of. Basically stocks are pieces of a company that it sells to you. They sell stocks to make money they don't have. Current events can fluctuate a stocks price. If a tragedy happens like 9/11 the whole market will do poorly. Go to somewhere like nasdaq.com and look at the companies recent news. This can determine if it goes up or down. When they report good news people buy the stock driving the stock up, if they report bad news people sell making it go down. All this is relatively unimportant if you don't have enough money. I started with $4000 and got lucky with a soda stock called Jones Soda that reported awesome earnings and went from $13 to $20 making me 1000. If you don't have alot of money i suggest mutual funds. These have professional money makers that manage a portfolio. Takes alot of work off your part.

Answer 6

Hi,

There is a way to invest in stocks without a broker and if you keep reading I will tell you how.

The method is called DRIPs.

A DRIP is a Dividend Reinvestment Plan. It offers indidual investors, even a15 year old, a cost-effective way to build equity in a stock.

The DRIP is run by a corporation and it allows people to make cash purchases of stock or to reinvest dividends (if any). I have a DRIP program with Goodyear Tire and Rubber, but it ran into problems a few years ago and stopped paying dividends.

You only need one share of stock to become eligible. In some cases it can be purchased directly from the company, but normally needs to be purchased through a broker. You could have your parents open up an brokerage account and purchase the share in your name.

There are no fees or commissions when you reinvest your dividends.

There are lots of companies that do this - over 1000. The company likes them because it's a low cost way to get capital or cash for their business. Because of that companies welcome new investors into their DRIP plans.

What makes DRIP popular is that most of the plans require very small cash outlays even as low as $10, some as low as $5.

Some of the world's largest companies like IBM, AT&T, and McDonald's have DRIPs.

Very wealthy investor like DRIPs because it allows them to bypass the broker's commisssion which lowers the investors cost of investing

Another benefit is known as dollar-cost averaging where a fixed amount is invested on a regular basis. The stock rises and falls with the market, but by investing periodically, the average cost of the shares tends to average out and not be affected by the market swings.

Liquidating or selling your shares can be a problem because brokers want to get a commission for selling and buying stock for investors, but the company will buy them back in some cases.

Dividends are considered income and used to be taxed by the IRS, but a change in the law makes them non-taxable. But if you sell your shares and make a profit you have to pay tax on the profit. There are two types of taxes for profits or capital gains: one is short term and costs more than the other kind of capital gain which is called a long-term capital gain and that occurs when you hold a stock for more than six months.

Goodyear Tire and Rubber's stock symbol is GT, but don't invest in this one because it doesn't pay a dividend yet..

YUM is the symbol for Yum! Brands, Inc and they own Pizza Hut, Taco Bell, and Kentucky Fried Chicken on the New York Stock Exchange (NYSE)

This Web site has a list of DRIPs: http://www.directinvesting.com/

To find DRIPs that pay good dividends, look in Investors Business Daily, Barrons, or the Wall Street Journal. There is a column that has dividends and return %. Most don't pay as much as a Treasury Note or a CD, but they have earnings growth to offset that income disadvantage. Than look them up in the URL above.

Google this keyword "DRIP lists" for more Web site. Be careful. Some of them charge a fee to sign up.

Kindest Personal Regards,

Walt Brown
Site Build It Certified Webmaster
[e-mail]

Answer 7

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/e3f14

Answer 8

Here is a great way to learn about investing: 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 read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.

Here are this month's best traders:

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

Good luck.

Answer 9

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Answer 10

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