You would have to be extremely good at technical analysis in order to make anything higher than 20% APR, and that needs extreme dedication. You also need to be willing to lose all of your money, and maybe more, to simply gain experience.
If you need money, don't bother with the stock market. You'll do yourself better just keeping that $800 for better use. Spend free time learning about the stock market and paper trading. "I don't really know a lot" doesn't cut it for the stock market.
Yeah, the other poster wasn't suggesting you go to the casino. He was saying the stock market is such a gamble that even gambling at a casino would be less risky.
If someone said "you might as well flush your money down the toilet" would you think they were advocating actually doing it?
If you are that literal and blind to nuances, you should probably wait until you grow up before trading stock.
Investing is a bit like planting acorns, some germinate and grow into oak trees ,but it takes time. The more acorns that you plant germinate,the more oak trees you finish up with. One acorn doesn`t make a forest.
Pfft, don't even effing bother, you might aswell go to the casino. You will be ripped off by a broker followed by all those with years of experience who will make you lose more often than not.
I'm 16 years old and I want to invest in stocks. But I have some questions. How long does it take? I have 800 dollars and I need money and I was wandering how much I could get in like a 4 month or 5 month period if I do it right. I don't really know a lot my mom said she's willing to help me... Could I get some help
