I’m 15 and only have 0 in the bank that I can invest. I have been researching a little by little about over the past 2-3 years. I’d still obviously call my self a "beginner".

I’m down to my last 0 ( i originally had 0 but my family did a transaction and we got scammed 0), and now that it’s just been sitting there barely gaining any interest, I don’t care if I lose while investing. I don’t want to just blow it off.

How should I go about investing 0? I make about / month but might get a summer job and my dad maybe able to pitch in like sometime soon.

My dad has been trading for about 10 years ( not professionally) so I can get some tips from him. We just talked about penny and using his account that’s already set up to .

Any suggestions on how to with only 0? Just buying penny (After research) and praying for the best? Or is there more of a strategic way to do this sort of thing?
I’m mostly doing this for saving up. I know I’m young so 0 right now I can risk.

My family has been hit hard by the economy , I’ve got 1 brother in University, I’ll be in Uni in 3 years plus my parents have some debt to pay off , so If I can at least help myself it would mean something/
I’m mostly doing this for saving up. I know I’m young so 0 right now I can risk.

My family has been hit hard by the economy , I’ve got 1 brother in University, I’ll be in Uni in 3 years plus my parents have some debt to pay off , so If I can at least help myself it would mean something/
If I didn’t want to *directly* invest 0 into the , how are some ways to go about it?

For example people would say you can invest that into your kids, or into your home (renovations) etc, what can I 15 year old invest in other than his own education and leisure time? I want to invest something that will bring cash not pleasure .

 

  • Karen 5:03 pm on August 10, 2010

    Invest your one hundred dollars in one of these two ways:
    1. Buy a good basic book on investing, better yet go to the library and look in the business section for a book. Or
    2. Buy a mop for your shower . . . given your user name, this might be the best bet.

    Seriously, $100 isn’t enough to invest — wait until you have more money. In the meantime, educate yourself and learn about trading.

  • Pink 5:03 pm on August 10, 2010

    ebay :) easy way to make money. go to an outlet store and buy stuff that is more than 70 percent off. Buyers love labels on ebay.

  • zeek16 5:03 pm on August 10, 2010

    good question ~bump~

  • wize 5:03 pm on August 10, 2010

    use the $100 to buy yourself nice clothes, get a hair cut, and use the remaining for transportation for job hunt! ~ best thing you can do.

  • Mark 5:03 pm on August 10, 2010

    Ignore the scam posted above me. In reality $100 is not enough to start investing, transaction costs alone will eat up any profits which you would make. Its great that you are interested in investing, but I would suggest playing around with a mock trading account first like the one on investopedia.com. If however you still really want to invest for real I would suggest investing in the most volatile stocks out there as this is your only chance of ever making any significant money from $100. I’d get into Citigroup and around $4 if you have the chance.

    Best of Luck!