Don''t worry what to wear when you go there, - I wore jeans & a tee short bu t I was known by most of the committee. But you're not ready for all this, just start with opening brokerage account when you're 18.
In North America you must be 18 to have a brokerage account in your name, but a parent can open custodian account using your social security nimber and when you turn 18 the assets in the account can be moved to an account in your name.
In the meantime, you never to young to start learning about the markets and the various products traded in those markets. Before you spend $0.01 on any investment, you must know what you’re doing, why you’re doing it and how to do it. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.
Begin your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs. Start your education by reading “Investing or Dummies” by Eric Tyson.
To continue your education select some of the following
Beating the Street by Peter Lynch
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea
From Riches to Rags, by I.C. Freeley
How to Make Money in Stocks” by William O’Neil
24 Essential Lessons for Investment Success by William O’Neil
The Intelligent Investor, by Benjamin Graham
Common Stocks, Uncommon Profits, by Philip A. Fisher
One Up on Wall Street by Peter Lynch
Stocks for the Long Run, by Jeremy Siegel
Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt.
What Works on Wall Street by James O'Shaunessey
You Can Be a Stock Market Genius by Joel Greenblatt
Your Money and Your Brain by Jason Zweig
Websites that can provide instructions and help with procedures and terminology are Investopedia - http://www.investopedia.com/ http://www.investorshub.com/ and 1 Source for Stocks - http://www.1source4stocks.com/info/stock... or Smart Money
http://www.smartmoney.com/
Visit some of the more professional websites like Zacks Research - http://www.zacks.com/ Schaeffer’s http://www.schaeffersresearch.com/ Investors Business Daily - http://www.investors.com/default.htm?fro...
Some of these web sites will have advertisers who are worth looking into also. And remember, if they offer free information, get it.
And when you think you want to invest/trade, try some paper trading to test your skills without spending you money http://simulatorinvestopedia.com/ http://www.moneyworks4me.com/
and/or http://www.tradingsimulation.com/
You at least have made the right decision to start investing, this is the first big step and it won’t be your last. Keep taking those steps forward and along the way never take the advice from people that are not in the market or try to tell you not to invest.
Good luck on your journey, study hard and you’ll invest well.
No your not. and with such a low amount you can lose it very easily. But as a 16 year old I would tell you to wait a few months for gold to go down to 1200 and buy gold or silver. It's the best investment you could do their prices just go up in few years it could double or even triple. You can get 1 gram for around 90$. But ask your parents first if you do, you need to make sure it's pure gold not fake.
No you are allow in Stock Market. Because you are 16. After 2 years (18) you are permitted.
you could be great invester and learn more on clicking the link below
http://www.themillionaireblog.com/
Too young and not enough funds. But I am sure you could find a way if you really wanted to (probably through your old man)
How do I invest in the Stock Exchange?
How much is the minimum investment possible?
Is there an age requirement in investing? Because I'm just 16.
How exactly am I suppose to buy and sell stocks/shares? Who do I approach? How am I suppose to invest?
What should I wear if I'm going to the Stock exchange?
Let's say I've bought and sold shares and I've gained money, how exactly am I going to receive the money? Do I need a bank account? Do I get a check or something?
I'm a 16 year old high school student and I've got a couple of hundred dollars lying around which I don't how I'm going to spend, I don't want to just waste it on stuff I don't need. Soo, I'm thinking of maybe investing it in the Stock exchange. Am I qualified to do so? With my age, with only a couple of hundred dollars, and without a bank account. If I am, please tell me how.
Keep in mind that I'm a newbie here, so tell me everything that I need to known on how to invest in the Stock Exchange.
