I am 15 years old. I have about $3,000 and I want to put it into an investment.?

Any suggestions on what I should do? The companies that are good for long term investments? I am thinking about putting it into Activision, Electronic Arts, or Take-Two Interactive, but I don't think that will be as long-term as I want. I would like it to be at least 10 years, and make a decent amount of money.

I suggest you should buy the saving bond, to saving for later then when you going to college!

Yup!
That what my aunt bought for me and sis !
And i want to share the good for the future benefit to other peoples! Report It

savings bonds are not investments. it is however a safe place to park money. Report It

take $1000 of it and buy yourself a savings bond. Keep it until youre ready to go to college and it should be worth about $3000-$5000

Talk to an investment counselor, and get professional advice.

Invest it in my bank account, please.

You don't want to sink it all into a couple of stocks. Read up on diversified portfolios. Maybe you can get your parents to invest it for you with the rights to it being transferred to you at 18.

I've always heard that you should put your money in mutual funds. Look at different ones that have a good track record over the past 10 years. You just have to put your money in and leave it there. You don't want to take it out and keep changing it. Also, don't flip out if it goes down for a bit. If you're in it for the long haul then don't panic. You've looked at what it did for the past 10 years and it all looks good, right? That's what know.

Roth IRA.

The S&P 500 is a good longterm investment. Vanguard is a good investment company. The charge little or no fees!

Well, up here you have to be over 18. In my opinion you should break it down into this:

$500 - ING Direct
$500 - HSBC Direct
$1000 - GIC/Savings Bond
$500 - Mutual Fund Money Market Investment
$500 - Your usual bank's savings account (Keep this one for an emergency).

Honestly with that amount of money, and your age, I would suggested going to your local bank and getting CDs. Sounds boring, but they yield good interest. You invest 3,000 in stocks, you could lose money, and it costs money to initally invest it, so you're not really investing 3,000.

Before investing in one stock you need to get some really good knowledge of the company. I would invest in a mutual fund ( that is a fund that has many companies in it ) so that if one company is not doing so well, another is. I would go to an investment broker and get his opinion. They are the ones that study the companies. I have CWGIX and CAIBX for long term growth. These funds are not as risky as stocks. Good luck, you are a wise person.

I THINK THAT YOU MAY BE CONCERNED WITH YOUR ABILITY TO TAKE FUNDS OUT AS YOU NEED THEM AND ESTABLISH RELATIONSHIP WITH COMPANIES. I WOULD TRY TO LOOK AT MONEY MARKET ACCOUNTS THAT CAN GAIN 4 TO 5 PERCENT AND THEN YOU WOULD BE ABLE TO TAKE MONEY OUT AS YOU NEED FOR COLLEGE, CAR, OR YOUR FIRST HOUSING EXPENSE. YOU CAN GET THESE ACCOUNTS WITH YOUR LOCAL BANK.

My consumer ec. teacher always said "go open a savings account (I think, you should go to your bank and ask), add $100/month and by the age of 50 you can have $1000000" so I would say you have a pretty solid start, the only bad thing about it is that you can't touch the money...I would also save $1000 for college or any emergency

Put $500 into each o fthe following stocks. Do not plan to hold any stock for 10 years. You need to move in and out at the right points. This needs to be reviewed once or twice per year.

#1 Cisco -- CSCO
#2 Amgen -- AMGN
#3 Google -- GOOG
#4 Pepsi -- PEP
#5 Caterpiller -- CAT
#6 Exxon Mobil -- XON

Have your parents help you open a brokerage account with Scottrade (scottrade.com).

Watch Jim Cramer's 'Mad Money' show on CNBC

Good Luck.

Mutal fund, no goverment bonds.
Find something like Blue Chip type of funds, the yield isn't as great as other high risks one, but it is safe and higher than bank interest. And do add the interest back to the fund, so you can roll it...

6 % is what you can earn for a short period of time..then the rate will probably drop to 5.25%...... by investing your money at www.fnbodirect.com (They are running a special where you can get 6 % from now until Sept. 30, 2007 ).

Unfortunately, you can't invest in anything at all because of your age.

However, your parents should be able to open some kind of brokerage accounts for you (I think it might be called a custodial account?). With a 10 year horizon, you can hold any passive equity index fund (ETF only if your account is taxable), and migrate to bonds as you get closer to the time you want to take the money out. The longer your investment horizon, the more allocation to equity is appropriate. If you have more than 10 years, then you should defiantly be in mostly equity.

Remember that risk and return is the same thing, and you can (and should) interchange them in a sentence to see how things sound and remind of yourself of that fact. For example, if some one is offering you a high return opportunity, it's the same thing as offering you a high risk opportunity. At best, you get what you pay for.


Good luck.

If you are going to leave the money for 10 years and not touch it, then you can invest in stocks. Any less, and stocks might not pay off in the short term - anything can happen. Traditionally, financial analysts encourage you to break up your money into three buckets, so put a third in a safe big company stock, say GE, maybe GOOG, somebody stable, diversified. Put another third into a growth stock like YHOO or INTC or a mid-cap, something you think will have a decent amount of growth in the 10 years you plan to invest. Put the final third into something a little more risky, something that has a good amount of potential, even Electronic Arts, being a smaller company it will probably have upswings and downswings that will make your stomach churn, but hey you are young, and you have plenty of time. Pick the next AAPL or AMZN, and good luck!

The guy who said you need to buy bonds because they will increase to $5000 in value by the time you're in college, obviously has no idea what he鈥檚 talking about. You're already 15, so you're 3 years away from college. Bonds usually take a good amount of time before they amount to anything serious.

Stocks are also very tricky. There are a lot of fees involved, and usually it takes a while to develop a good sense about what stocks are good to invest in.

The stocks that will make you the most money aren't the ones that are mainstream and popular, like Pepsi, yahoo, etc.

Companies in the technology and health field are always big winners. Especially companies involved in biotechnology and pharmaceuticals. Since biotechnology is an emerging field, the stocks are usually cheap, will most likely explode in value as the field expands.

"Up and coming" is the key to good decisions.

First you are fortunate to have that amount of money at your age.Now I don't know you..how intelligent you are..whether you have foresight into todays business...but I can say,you can make a portion of that amount into a fortune. As you are 15years,it is not appropriate to direct you or tell you if you should invest into whatever..The decision should be yours based upon knowledge.Do your research on people who have succeeded and find out where they started from and how they got to where they are..Many of them didn't throw a whole lot of money into one basket..they scattered it into small and large ventures of future foresight...telephone:from analogue to digital..from the large analogue mobiles to what we have today and what we can use on them..Video on your home phone..All these inovations that were past are now present and if we were on the ground floor, 'where will you be?'If you had this amount in the past and someone ask you to place a portion towards the future invention,would you have succeeded to double or triple or quadtruple your investment? The answer is yes! Think if you were given the opportunity to support or be an invester on the ground floor of Microsoft,'would your investment be worth it? Forget about companies and look at the element that is enhancing a company or going to create a company to supply a product that is going to be in the future..If you watch videos and dvds,'look at old videos and see the invention showing there which is today this present reality.Than look at todays videos and see them in reality and the future inventions that will be a reality of the past when you grow older.