How to get money from stocks?

Question

I'm 14 and I wanted to know in a broken-down way how to get money from stocks and what is the highest amount I could get.

Answer 1

In order to trade stocks, you do need a significant amount of money and be at least 18 years old or have a parent co-sign a brokerage agreement with you.

Some people say you need at least $10000 to start. I would say that you need at least $3000. If you don't have that much money, it is going to be very hard to get started. However, if you just want to buy and keep your stocks for a long time, then it doesn't really matter how much you start with. You can invest as little as $100. At first, it may go down some, but later your investment could double. If you're making money, you can always keep adding more money to your investment account, so you can keep buying more and more shares.

William O'Neil, the founder of Investors Business Daily newspaper, wrote a good book called "How to Make Money in Stocks." This book combines fundamental analysis and technical analysis and teaches that the best thing to do is to use both strategies together. I am sure, you can find this book in libraries, and you may read it if you are interested.

Good luck and keep reading.
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Answer 2

Kevin, good for you for asking.

When you buy stocks your are becoming a part owner of a company.

If that company does really well and makes lots of money, the price of the stock will go up.

If you sell the stock you will make a profit. The profit is calculated by subtracting the price you paid for the stock from the price you sold it for.

How much you can make depends on these three things.
1) How much stock you can buy ( money you have to buy stocks)
2) The success of the companies you have bought stock in.
3) The price of the stock when you sell it.

Dah dude

Answer 3

14 huh! well first of all your gonna need someone to buy into a particular stock for you (over 18) I think, but im not sure about that but this I know; think of all the companies that are growing right now-cell phones, computers, mp3 etc...if you was to put a small amount of money in a young but growing company that you think people will need or want in the next 5 to 50 years you could potentially turn hundreds into thousand, possibly tens of thousands cantact me at greenbrycebar@yahoo if you have any other questions

Answer 4

There's no upper limit. A person buys stocks, then sells them - if they've gone up in value in the meantime, they make money.

Answer 5

Selling a share for more then what you paid for it or from dividends