unexplainably me: stock market help please?
so first of all is it legal to “play” the stock market” if youre under the age of 18?
if so.. i have ten-twenty dollars i can spend. stradegies please..
and how do i save the money i make?
how do i make a lot of money?
thanks
Answers and Views:
Answer by jlf
You cannot open a brokerage account if you are under 18. Ten-twenty dollars is not enough in any event. Sorry.
yes you can trade but in supervision of any of experience person. Before diving into stock market do alot study and analysis. The best website I recomend for stocks material is “www.investopedia.com” this website will give you alot of analysis, by which you can turn your 20 dollars into millions.Answer by Space Invader101
You would be wiser to spend that money on an investment book and save the market for later. $ 20 isn’t enough. You’ll be paying a $ 5-$ 10 fee each time you buy or sell stock.
You’ll need to save at least $ 500-$ 2000 and learn as much as possible between now and then. Earning interest in a savings account will help.
Answer by samAIG was be a best stock to invest if you plan to invest for a long term, because AIG is too big to fail and beside AIG no longer need government bailout money. if you invest in AIG are now you returning profit is 10-30 times in 3-5 years.
Leave a Reply