questions about the stock market?

Question

First of all, i'm 16, can I open a brokerage account without my parents permission? Also, I've been looking around for good stock market books, but they all apply to America, is this information relevant to me? (I'm from Ireland)

Answer 1

You must be of legal age in your area; yes, the information is relevant to a degree.

Also, you may want to reconsider actions in the stock market. The dollar bill here in America is set to crash at any time. If you don't think that the dollar bill collapsing is a bad thing for everyone outside of America, you're very wrong. Don't get involved with the stock market; what sounds like a good idea now will seem like a very bad idea later. Rule ONE about doing this sort of thing: Always have the backup money for emergencies ready. The stock market will not allow someone of your age to be a "winner" for that very reason. You do not posses emergency funding, and you do not posses a high paying job or wealthy family (I assume). Please don't play with fire. : ) Invest in something more reliable.

For example, place your money into a real investment like a fund that will go towards building a row of storage and work shops to be placed just outside of city limits. You can rent them out for thousands of dollars of profit in very little time. These are real and reliable investments, and there's little chance for you to end up broke. Everyone in the construction field needs extra room... many people need extra room. Many people don't want to store everything in a small area at their home, and many can't afford other storage options. See? Simple; you've just earned a lot of money. That can supplement your average income per year by up to 50% OF that income. (Or more, depending on what you do.)

Play it smart.


(EDIT: The above was an example of an intelligent investment for an American who's living in a medium sized to large sized city. It may not apply to you in Ireland, but it's a good example of investment.)

Answer 2

Stocks are sold globally . I live in the US and buy several Canadian equities and some Chinese .
TM and HMC are Asian and sold in many markets .

Even IBM , GE and Walmart are global .
KFC's largest outlet is in Beijing .

Start reading yahoo finance for the basics .
There is an education section under the investing tab .
There is also an Europe and Asia market tab

http://finance.yahoo.com/

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