Im An 18 Year Old Student.i Wanna Enter Stock Market And Make Alot Of Money.help Me?

July 7th, 2009 | by Frenday |

I wanna do online trading and Im interested buying and selling of variety of goods (not only stocks). I can invest very little

Related items

pixelstats trackingpixel

RSS Feed Add to Technorati Favorites Add to Del.icio.us Stumble It! Submit to Slashdot Submit to Buzz! Digg It!
© Submit to Any - jjtcomputing.co.uk

  • Share/Save/Bookmark

  1. 5 Responses to “Im An 18 Year Old Student.i Wanna Enter Stock Market And Make Alot Of Money.help Me?”

  2. By Doing the Right Thing on Jul 7, 2009 | Reply

    People who buy stocks are usually people who has lots of money and really don’t mind losing some money.
    For your situation, since you say you have little money to invest, I would start investing in mutual funds that meets your objectives. When choosing a mutual fund, you should read the prospectus first (a little booklet that contains all detail about the fund and who manages it).
    I don’t know what your objective is, but your objective right now should invest for retirement. I know its years away, but do you want to retire broke or retire with lots of money? Start a Roth IRA for yourself and put away at least $100/month or max it out before April 15. You may not understand why, but you’ll thank me when you are 60 (if you take my advice)

  3. By A.J. on Jul 7, 2009 | Reply

    Honestly, at 18, your best bets are focusing on long-term growth rather than short term gains. Since you stated you do not have a large amount to invest, I am betting you do not have 10-20K to play with right off the bat so you can’t make big BIG bucks quickly because it truly takes money to make money.
    I would invest in blue chip stocks like Coca-Cola, P&G or Disney with 20% of your money; Moderates with strong growth track record like Chipotle or UPS with another 15%; and high risks like emerging IPO’s, I would do 15%. With the remaining 50%, I would open an IRA or Roth IRA.
    No, this will not make you a millionaire over night, but in ten years, you will have a sizable retirement fund going – THEN you can start diversifying your portfolio in the market and start to “make alot of money” as you put it.

  4. By flying_e on Jul 7, 2009 | Reply

    If you can only invest a little don’t enter into the stock market in the hopes of making a lot of money.
    If you have too little money you risk losing it all. You need some sort of buffer when you trade because you won’t be winning every single one of your trades.

  5. By insuranc on Jul 7, 2009 | Reply

    Go talk to a financial professional. There is a lot more to you future financial life than simple trying to make a lot of money trading stocks. There are many professionals who do this for a living and have much experience who will take your shirt and your lunch.
    Invest in the biggest gainer of all – yourself. Take a course at the local college, read books, improve your skills and make yourself highly marketable to any future employer.
    Good Luck with your future.

  6. By ? on Jul 7, 2009 | Reply

    buy when the market is low, sell when the market is high and buy cheap ****. straight up, IPOs are cool, cos theyre new and cheap. and buy thousands of one dollar shares if you can find them, a slight rise in those and youll be ble to buy a ferrari ariteee!!!

Post a Comment

Spam Protection by WP-SpamFree