How should a highschool student start investing?

Mitsuko Manne: for your age the best investment in not spending and continue saving up until you hit at least $2000, from there grap an ETF or Mutual fund wat ever and make sure it consist of an entire exchange like NYSE or NASDAQ OR TSX keep it simple for the next 5 yrs

Sharie Sommerville: You shouldn't. That's too young to invest in stocks nor is $500 enough to be worth it. If you insist, however, your parent would have to open a custodial brokerage account for you.

Booker Warlick: 1

Lucien Hellerman: 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/fb19f

Virgilio Echter: kk bro, im! 16 ive been doing this since i was 14. you go to this website, sign up. and do surveys, and each survey you get 50 cents. it takes about 2 minutes to do it. you can do as many as you like. i spend like 30 minutes doing it a day. 15 surveys done means i have 7 bucks. and once you have 20 bucks you can have a check mailed to you. and you can be 12 to do this. just sign upat c@shcr@te.com/2523260 replaces the @ with a THOSE GUYS WHO ANSWERED ARE FAKES. if u got any questions, email me...Show more

Tobie Oshea: If you've got a job put it in an IRA, in an aggressive growth mutual fund.

Codi Manchel: To Start Investing It takes a long time to learn the stock market and it would help if you read some books and information online. Before you start investing in the market the first thing you need to decide is what risk level you want to take. CDs backed up by the government has about 3-4% annual ret! urn for the long term with a low risk. Bonds or Bonds Funds (! Income Funds) has about 5-7% annual return for the long term with a medium risk. Stocks or Stock Mutual Funds (Growth or Value) has about 8-10% annual return for the long term with a high risk and are more volatile than Bonds. Usually the more risk you take, the more return you will have, but not always. To see the Risk vs Return go to my photo: http://i1142.photobucket.com/albums/n620/Chief-1/R... The stock market is basally made up of stocks and bonds. Investment managers pick a group of stocks to make a mutual fund or a group of bonds to make a bond fund. They even put a mixture of stocks and bonds together and call it a Growth & Income Fund. 1- MUTUAL FUNDS: I like mutual funds because they have a group of stocks (could be around 100+) invested in different sectors, and manage by a professional. Managers have lots of schooling for investing in stocks, around 8 years. So I think managers can pick stocks better than I can. You can make a buy or sell order anytim! e of the day for mutual funds shares but it will not go in affect until the close of the day. There are lots of different kinds of mutual funds that does not charge any fees to buy it's shares and they are called Noload Funds. There are also some funds called Load Funds that charge about 5% of your investment. But what I don't like is the fact that most funds has trading restriction and you may not be able to trade more than 4 times a year. That's because it makes it hard for the fund to make a good return if there is to much trading in the fund, causing the fund manager to make more buys and sells and keep more cash on hand. Mutual funds are meant for long term investors.2- STOCKS: Stocks is more volatile than funds unless you spread you money in about 5-10 different sectors and know witch sector will do best. And stock trading restriction is only a few days and that's something that I like. If you own stocks, you will need to keep up with all the company's business so you! don't get stuck with a bad stock. That could take a lots of time. If! you are willing to take some risk and buy stocks instead of mutual funds it is probable because you think you can make more return. If thats the case, look at the leverage ETFs. 3- ETFs (Exchange Traded Funds): Most ETFs represents a group of stocks like a mutual fund but trades like a stock all day long and that is the main reason why I like ETFs over mutual funds. There are some ETFs that represents Index's. An Index is like S&P or DOW. Index's operate just like a mutual fund with a group of stocks in deferent sectors, manage by professionals. You can't buy Index's because they are not for sell. A company owns them. But you can buy a mutual funds or an ETF that has the same stocks as the Index they represent. There are a lots of different kinds of ETFs for someone to choose from. Some have 1x leverage, some have 2x leverage for aggressive investors, and some has 3x leverage for more aggressive investors. And there are some that represent almost every kind of s! ector in the market place. You can find several good brokers that charge $8.00 and under, per stock trade and no fee on Noload Funds. Most broker websites have good research tools. Some popular broker websites are Fidelity, TD Ameritrade, E-trade, Scottrade and others. I think you need a min. of $500 (some sites $2,500) to open a broker account.If you want more info click my picture and read About Me....Show more

Antone Bual: $500 in itself isn't enough to invest in the stock market. The commission costs will eat up most of the gain that you could achieve and if you go down to lower priced shares, you're increasing your risk substantially.However the most important part of investing is discipline not the actual mechanics of investing in stocks. You can start by visiting your bank asking to open multiple savings accounts so that you can divide your money into four, one quarter to spend, one quarter to save, one quarter to invest and one quarter for charities and! label them as such on the bank web access page. Every time you recei! ve money, you divide into those four categories. Then only allow yourself to use money in the invest category to buy investment products such as bonds, and certificates of deposit and arrange for any interest payments to be wired back into the account labeled "to invest", only allow yourself to withdraw from the to spend account, it's not really for you to spend, it's just the only one you ever want to allow yourself to spend from, the "to save" account is for emergencies only and the charities account is for donations and tithe to your church. That way you know that you're already doing more than your share in helping others and hence if someone asks you for donations or help, you can say that you've already contributed and done your share. If you feel that you truly have to help someone, even a friend, you only do so from the "charities" account. You can also open up accounts for specific goals such as Christmas presents, Car purchase etc. Remember once you make! the rules as to what account is for what, don't break those rules, don't even bend the rules for any reason at all, it's this discipline that you're trying to teach yourself.You can ask your bank about a direct investment account, especially if they have a practice account for you where you can play with various ways of investing to see what works for you. Try to read an investment book every month or two so that you start developing ideas as to how to invest. By the time you've saved up enough in the savings account you've labeled "to invest" and the bonds and certificates you've purchased with money from that account, you will be ready to invest in stocks....Show more

Marjory Stromme: i wish i could get a job im 16. i hate school BUT that doesnt mean you have to, invest it in collage or something that will help your future. highschool is corny and a waste of time. save up for the future. i had 400 bucks and i said hey i dont have nothing to spend money on , so ! i wasted it, and then BAM 4 months later i need new clothing and i want! a new dvd player.... so save up the moeny for collage or the future even tho you think you dont need to save it.

Salvatore Walls: Here's my response which is based on personal experience, I made my first securities investment when I was 7th grade, I started to trade in high school and traded my way through college. ( Since you have to b e 18 to have an account in your name, my Dad established a custodian account) ,After college I spent 40+ years in the securities industry. Don t ever let anyone tell you that you're too young.Before you enter into any transaction, you should first know what you’re doing, why you are doing it and how to do it and the rules relating to what you are doing. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself. Start your education by learning why you should invest and the importance of being able to make your own decisions or how the pro! ’s make theirs.Here is some reading material that can get you started in the right direction, Beating the Street by Peter LynchBulls Make Money, Bears Make Money, Pigs Get Slaughtered, by GalleaFrom Riches to Rags, by I.C. FreeleyMillionaire Traders, Lein & SchlosbergHow to Make Money in Stocks” by William O’Neil24 Essential Lessons for Investment Success by William O’NeilThe Intelligent Investor, by Benjamin GrahamCommon Stocks, Uncommon Profits, by Philip A. FisherOne Up on Wall Street by Peter LynchStocks for the Long Run, by Jeremy SiegelThe Interpretation of Financial Statements by Benjamin GrahamThe Warren Buffett Way by Robert HagstromTrading for a Living, by Alexander ElderWhat Works on Wall Street by James O'ShaunesseyYou Can Be a Stock Market Genius by Joel GreenblattYour Money and Your Brain by Jason ZweigGet into the habit of making daily visits to some websites like MSN Money and Yahoo Finance. (http://moneycentral.msn.com/home.asp , http://finance.yah! oo.com/ . While at MSN following the strategy lab analysts to get a fee! l for what the pros are doing and why. This site has some basic information for beginners. If any site offers free information, take it.Other website that can provide instructions and help with procedures and terminology are Investopedia - http://www.investopedia.com/ Stock Charts - http://stockcharts.com/ http://www.investorshub.com/ http://www.1source4stocks.com/, http://www.tradingstocksguide.com/tradin…Visit some of the more professional websites like Zacks- http://www.zacks.com/ Smart Money - http://www.smartmoney.com/ Schaeffer’s http://www.schaeffersresearch.com/ Some of these web sites will have advertisers who are worth looking into also. And remember, if they offer free information, get it.Attend all the free seminars you can, just be careful and don’t get pressured into anything you really don’t want or need. Most schools offer courses in finance and economics, but very few will have courses on the mechanics of the investment markets, if they do try tak! ing the course. You may want to consider on-line courses, the New York Institute of Finance use to have such courses. Try to get some fee information from the stocks exchanges they all have (had) free booklets, SIAC and some of the regulators (FINRA SEC MSRB CBOE) may provide some free literature.You at least have made the right decision to start investing, this is the first big step and it won’t be your last. Keep taking those steps forward and along the way never take the advice from people that are not in the market or try to tell you not to invest. Good luck on your journey...Show more