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Investing help for a 15 year old? |
I started to trade stocks in October and have been quite successfully. Over the past months i have been investing in IPO's, mostly chinese and gained 55%. Now with the chinese market cooling and the risky domestic economy, i feel like id be swimming upstream with any investments. I did this alone without anyone elses advice, where can i go to talk to people about investing? Yes, if you are as smart as you sound, why would you ask random people via Yahoo answers? But, to be honest, who says you can't make money domestically? I recommend you at least look at GME (Gamestop). I have very high expectations for them this Christmas season. I also recommend, Apple (AAPL), Google (GOOG), Research In Motion (RIMM), and Dick's Sporting Goods (DKS). As for Middle East infastructure, I cant help you there, but I gave you a couple of big winners, I suggest you at least look into them. if you are only 15 years old, and you are as smart as you sound, then you will need to go to college, which costs about $60,000 for 4 years including room, board, books, tuition, and spending money. since you will need to spend this money in a few years, you cannot take as much risk as you think you can. i recommend that if your school is not yet paid for, you talk to an cust. service person at one of the investment firms about mutual funds, bonds, and other low risk-lower return places to keep your capital until you spend it on a nice education at a fancy school Get some help from an elder ( person to person ) that is sucessful investing in stocks. Don't put all your investments in one basket evently your basket gets a hole in it. I am somewhat doubtful that you need any advice. You seem to be doing just fine without it. Sounds like you have gained a knowledge base as well as having some good luck. Try to invest in someones existing business. You may receive up to 20% GUARANTEED interest a year. You will not get such high returns on stocks, mutual funds, bonds or CD's. |
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