If it's under $1,000, just put it in a bank account.
If it's a custodial account, remember this: until you are 18, you have no authority to decide what to invest in.
A "teenager" trading stocks is the "same thing" as gambling.
Study how Warren Buffett "invests". If you will follow his lead, you will be wealthy by the time you are my age (64). If you decide to pick "stocks based on your gut", you will lose all of your money before you are 21.
I would advice you not to invest in stock at this age directly. I would advice you invest in the mutual funds in SIP format.
If you are willing to buy and hold. You can directly buy from the big companies. For example McDonalds
http://www.mcdonalds.com/content/dam/Abo...
I've been attempting to trade stocks for 5 days now and it's just not working out . I have to open a custodial account because of my age and it always leads to the same problem ...funding the account It's so frustrating already !!!! I've opened six different custodial accounts with different firms and just nope . Do you have any ways on investing My money that would be more " teen freindly " ? I don't just want to wasted money on video games . I've also tried website flipping but I don't have a laptop or PC wich doesn't work out very well .
