How to Invest in Stocks?

Boris Hadsall: Go to library. Read every investment magazine on the shelf. Pick one. Read all of the last years worth of issues of that magazine. Devise a strategy for investing. Go to Yahoo. Open and set up a simulated portfolio. Invest in $100,000 worth of stocks and write in the notes section why you invested in that stock. Watch them for 1 year. After 1 year, see which stock did well and why. NOW you are ready to invest.

Janeen Perona: well actually, the minimum age is 18, i know because i am 18. Once you turn 18, sign up with any broker you want, realistically for the trading that you're going to do ($250), i would go with whoever charges the least amount per trade. If i were you, i would save up more money so i would actually be able to do something with it. But in your case, invest in penny stocks, but make sure to RESEARCH THE COMPANY!! And don't go into trading stocks thinking you're going to be the next warren buffet. Be prepared to lose a lot of! money before you start making money....Show more

Pam Rampadarat: Well, your signature isn't valid for anything till you're 18 so you would have to have your parents establish a custodian account for you to trade. Normally, they say to at least have $2,000 to start with and investing is for life not two months. You don't know if you'll make any money in two months, you're far more likely to lose money over such a short time frame. But even if you were a miraculous investor and could achieve a 29% per annum return like Warren Buffet does, you would pay a $10 commission to invest $240 at 29% per annum which would become $250.40 in two months and then you would sell that at a $10 commission therefore if you are capable of incredible returns, you would wind up with $240 out of your $250 investment in two months....Show more

Solomon Belback: When I used to invest in stocks it was about 30$ fee on each transactions (buying or selling)...This mean that if your st! ocks don't gain 24% you would be losing cash... AVOID, really.! .. it's a high world and you cannot really get in without at least 3'000$.

Season Confalone: Most discount brokers will require a minimum of $1000 or $5000 to open an account, and the cheapest ones charge about $5 per trade. Since you are under 18 your parents can open you a custodial account at Schwab with a minimum of $100. Trades are $8.95 each way.

Clemmie Burkleo: While you are only 17, you might as well save your $250. That money is not even enough to go through 1/2 of a round.