You are too young and you don't know what you are doing.
However...if you decide to learn about what you want to do - this would or could be a good direction for you.
Just buying it and hoping it goes up is not what works.
So this is what you want to do, but the stocks are not coins or electronic devices that sit there and don't move. They are more like wild animals that run around, and do whatever they want, and you just want them to run in one direction only- up.
If you want to seriously learn to make money by the time you are 18 or 19, start reading about stocks, options, technical analysis, and develop a financial vocabulary.
On the other hand if you just want to "play around" with the stock market, and pick a stock like you mentioned - then you will very likely lose money over time.
I wish you luck.
be careful to make sure your name gets on the investment account, do not give it to grandpa to invest
it should be an account in your name as a minor or something like that
what is your time horizon? do you ever need the money next year? or in a couple years?
it takes time you know.
Start reading, buy Investing for Dummies.
Consider the investment cost (fidelity charges 7.95 per trade, for example, so does tdameritrade, schwab is 8.95) everytime you trade. Good long term stocks are chip stocks like qualcomm QCOM, broadcom BRCM, intel INTC, and the big boy stocks Apple AAPL. Consider biotech stocks like BIIB, RCPT, or the etf IBB. Read yahoo finance on each of these stocks. simple to read.
I've been trading the market for just a few months. My cousin actually told me about this website (http://pennystocks.toptips.org)and I signed up immediately after. This is my honest review about their method. I'm not someone who has a lot of time to be researching for ideas because I work many hours. they made it incredibly easy for me to make money in the market. Their reports are easy to read and follow. I've tracked most of the stock ideas that I've received in my e-mail from them and MANY have seen some nice gains after their announcements. I've made a nice profit (55% return on my investment on one, and 112% on the other!) on a couple of suggestions he's given and plan to start trading his ideas a lot more.
For more info: http://pennystocks.toptips.org
Hope it helps.
Definitly invest in Apple. My friend invested when stocks were priced at about 90$ ( i think he invested 180$) abd a year later he made 700$ ( 520$ profit). A lot of money for us teens.
well considering that apple is like 90 dollars a share you could only buy one share with the hundred dollars you have so if your trying to make money that's probably not the best way to do try something smaller in price. plus there's always a transaction fee for each trade that you make witch is another 6-10 dollars witch would be all of the hundred that you have.
you could try to buy in penny stock to start in or just use more money to invest
the more money the bigger the risk the bigger the risk the more money there is to be made and vise versa
Amazon, Ebay; medical/healthcare stocks. Apple has no where to go but down.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES. FOR EDUCATIONAL PURPOSES ONLY.
Apple.Inc
I would like to invest my money in a stock. I received my will from my aunt that passed away and I know she would be very pleased to know that I am using it in a good way. I'm not your typical teen who would waste money on gadgets. I have not purchased an electronic device since I was 11 years old. I have budgeted my money since I was 10 years old. If I do spend my money it is usually for small things such as movie tickets and food and occasionally going to the mall where I try to spend as little as possible by shopping where there are sales and using coupons. I was thinking if I did invest in a stock it would be apple, Abercrombie or Hollister and I would invest $100. I already know I would need an adult to do this and my grandfather enjoys doing stuff like this. If you know of any other stocks that would be good to invest in please tell me. I would appreciate it very much. I'm 14 years old by the way.