Stock Markets Exposed - What is the minimum age to put money into the stock market?

What is the minimum age to put money into the stock market?

I am 14 and i want to put money into the stock market! yay Am i too young? What should I put stock into?

Public Comments

You can put money in the stock market when you are 18. Money can be invested in the stock market before that age, but it would have to be in the name of an adult (parent) in trust for you.
You shouldn't. You should put your money into quality MUTUAL FUNDS with good long track records. A Mutual Fund is a bunch of stocks managed by a financial manager. By investing in a mutual fund, you are buying a portion of a big basket of stocks. Your parents can help you set up an account on fidelity.com or similar. You would want to invest a particular amount ($50 or $100) consistently each month. Good Luck. For more details, go to morningstar.com or fidelity.com or spartan.com, etc.
18
No no, You're not too young. My parents bought stocks for me back when I was 5 years old and I'm still holding them with a nice 500%+ gain (respectively of course). Here's what I would do best: Go to www.clearstation.com and practice on paper first. Also try www.investopedia.com for any stock market jargon you've never heard of or just don't understand. Another really good site is www.stockcharts.com to start learning about technical analysis. Good Luck :)
You need to be 18 to open your own brokerage account. If you can get your parents to open an account for you there is no reason you can't make the trades yourself. Don't just wildly invest. You need to understand what all the basic measures of stock performance are and how investors use this data to determine when and if they will buy a stock. You might want to start with a book like Jim Cramer's Mad Money or a book called "Fundamentals of Investing" by Gilman and Joehnk. As for what to invest in...watch the world around you and then investigate the companies that make the things you see people buying. INVESTIGATE, don't automatically buy the stock. ;-) Oh, and most importantly...you are NOT too young to be learning this area. My father started my sister and I when we were 11.
ASK YOUR PARENTS TO HELP WITH THE PURCHASE. IT WILL NEED TO BE IN TRUST FOR YOU.
You're not too young to invest in the stock market. In fact, the younger the better! You may need your parents to open a custodial account for you with a broker or even better see if they offer this option with a low cost on-line broker such as sharebuilder.com or zecco.com. You should put your money into ETFs or exchange traded funds and high quality stocks such as Disney, GE, Johnson and Johnson and stuff like that. However its important for you to do your homework and research the stocks you are interested in yourself. Yahoo finance is very resourceful for researching stocks. Investopedia will help you to understand alot of finance and investment terms. Good luck and I am happy to see that you have an interest in finance at such a young age. Keep it up.
Haha, you probably don't know enough to put money into the stock market...go to cnbc.com and look for madmoney, that gives you a lot of help, also read about the business world. I'm so serious, you are way too young to do anything on your own, there's a lot of information to learn first. I remember i was like you, i was in 8th grade thinking about putting money in, trust me, there's a lot you need to know. And don't' worry since you have 4 years to learn everything and start making money =] chea. -A really good brokerage is Fidelity and the comment above me is completely wrong. Some good businesses right now are Pepsi (PEP), Englobal pipelines (ENG) and others but i don't want to spill my stocks like that, also DO NOT invest in financials right now b.c the current sell-off happening in the market. You should have a minimum of 5 stocks with 15 max. Actually you should look for good CDs right now witha yield of 5% of higher b.c the market's current instability.
Probably 18, go to scottrade.com check for the closest branch to u. give them a call and ask to be 100% sure
1) If you are alive and kicking then you can invest in the Stock Market. 2) No. 3) Sony, Microsoft and Nintendo.
i have no idea