I'm turning 18 soon and going to college. Is investing in the stock market a good way to go?

The best place to begin your investment search is by educating yourself on the various funds and stocks available for purchase. Research companies, mutual fund firms, and investment firms before invest. Understand the company and its future prospects, its industry, competitors, and how the company measures up to its competition ( Stocks: Buying, Selling & Researching ) and its performance against the markets in general (Indexes).

A good rule for teens to follow is to not invest an amount that you know you’ll need in the near future. If you know you’re going to need the money to pay for something such as college or a car within the next few years, DON’T INVEST IT. No investment service can promise they won’t lose your money and if you make a gamble, it might not pay off. Don’t invest what you don’t have. This may sound obvious, but some investors get caught with large debts because they overestimated how much they could actually invest.

Teens with a steady income, no matter what size, should consider setting goals for saving their money or investing it.

1

No.

It's not a good way. It takes education and tons of experience to invest in the market that we have. I have done taxes for tons and ton and tons of people. What do I see as a pattern? They have to invest tons of time to research and investing while the market is open. What do they get in return? The majority loses their money or make little to nothing to make it even worthwhile.

Going to school really is the real investment you should be making. Sounds cliche but can't stress that enough.

The only advice I could give is to study really really really really hard and get grades that's enough to get scholarships. Then no loan necessary.

But whatever you decided good luck. Just make sure to research and do your due diligence if you do go the investing way. Remember take profits and sell on the way up not down.

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Obviously this is a perfectly legitimate question considering that most people have not traded binary options in the past and generally believe that investing is a very difficult activity.

However, you will have to put an effort into it. You will have to learn money management, reading of charts as well as the usage of indicators.

you can get Stock Market Simulator app for iPhone. you start with 10k fake cash and it uses real stocks. So you trade your fake money with real stock quotes. I'm 2nd place right now.

I would recommend not doing it its a huge gamble and unless if you no what your doing your more than likely to lose out