i want to buy shares in a company but im 14 and i need a broker please help me and tell me where to start
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3 Comments
Etrade offers on line brokerage services. You will probably need an adult to set up an account. I would recommend and ETF or a mutual fund to start out with. If you don’t have a lot of money the individual stocks aren’t the way to go. ETF’s of mutual funds can offer you diversification at a lower cost and in a much simpler way that trying to build a diversified portfolio.
I would recommend Scott trade, I purchased stock in a penny stock called ipkl and it is very cheep and its not moving but another company is going to take over the company in June 08, I’m told the stock will raise to .10 next year. Go to Scott trade and ask for some advise or find some with experience. I also am learning as well. Good Luck and God Bless.
First of all, Warren Buffett – one of the greatest investors of our time – said never to buy stock in a company unless you can write a book about that company. Can you?
You might want to join one of the stock simulators online and see how you do for a few years.
But you are on the right track. Start an account with Vanguard and buy an ETF. Take an online class (Morningstar is good) on investing.
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