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A good way for a teenager to start investing?
I've recently been looking into investing some money, the problem is, I have little knowledge of it. I know about basic investments like bank accounts, Cd's, and other stuff like that, but not much more.
I currently have about $2,600, but only want to invest up to about $1000 of it. I dont want any investments that are TOO risky, but would like to make some money- either long term or short term.
What are some suggestions to start?
7 Answers
- 1 decade agoFavorite Answer
These other guys seem to just want to sell you something. They didn't see that your just a teenager and there are some laws....you even have to have your parents sign for you to have a money market acct. Money Mkt acct is a safe place to start. Do your parents invest in stocks with a broker or on line? Some on line investment companies have money mkt acct that pay 4 to 6% return. Read Investing for Dummies and learn about the stock market.
- 1 decade ago
Before you start investing, check that site out.
We all heard of "Forex RoBot" which automatically executes decision intelligently to make gains... that site features a Stock Market RoBot! It intelligently executes actions to make gains and it's a Fortune generator.
To make lots of money you got to spend some money. That is the official website that helped me start making thousands recently. It was featured in Forbes magazine before - it is damn good. Even Mutual Fund Managers use it! Many people praised the Robot and wrote testimonials.
Especially with the current economic crisis, imagine how much you can make once it hits the bull market!
- 1 decade ago
If you are serious to invest, you can google for HSFX Asset Management and start making consistent profits!
- Anonymous1 decade ago
This is not a scam! Been paid 17 times!
Want extra money? Take easy 5 min. yes/no surveys on your computer for extra cash. Get paid for each one that you complete. Check is sent to your house. No scam. Stay at home moms and young teens have been making extra money this way for years. Costs you nothing!
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- Anonymous1 decade ago
Check it out here. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
- Anonymous1 decade ago
You can consider FX Funds Group if you would like to make 2% - 15% per month.
search for myfxfunds in google search engine for more information.