I am 13 years old and live in swindon and i would like to buy shares so if any1 can tell me the basics i would be grateful
2007-09-23 00:59:29 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Don't do anything for a year, other than reading everything you can. Find a broker that will allow you to "paper trade". Don't put any money in the market for a year. The learning process will save you tons in losses.
Congratulations on your early interest in such an important topic. This move, at such an early age will bring positive results for the rest of your life.
Keep this in mind;
Investing is not gambling.
Don't buy because some media talking head says to.
Money Management (managing loses as well as profits) is more important than picking the correct stock(s). You can be very profitable with a 50% win ratio.
2007-09-23 03:14:45 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋
Search for a broker and open an on-line account.
2007-09-23 08:07:35 · answer #2 · answered by shaun s 4 · 0⤊ 0⤋
I think you must begin with demo account. Or simply begin to invest on forex market...
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2007-09-25 03:40:12 · answer #3 · answered by muso m 2 · 0⤊ 0⤋