Rubber314Chicken
Golden Master
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^ Stockbroker.
I'm pretty sure I bought my GE stock through a custodial account. So its my money and account, but in my dad's name, or something like that.
^ Stockbroker.
I might invest a small amount (by small, i mean like £20, tops) in a small company that I think has a future.
$20 ain't going mean anything in the stock market, trading fees will knock a lot of that $20 out anyways. Save up and do at least $500
Ford never received a gov bailout, ever. They received a line of credit which they didn't use.
$20 ain't going mean anything in the stock market, trading fees will knock a lot of that $20 out anyways. Save up and do at least $500
Ford never received a gov bailout, ever. They received a line of credit which they didn't use.
In that case, the stock market isn't for me. I wouldn't want to invest £100+ unless I was fairly sure that I was going to at least get my money back.
Originally Posted by j03
In that case, the stock market isn't for me. I wouldn't want to invest £100+ unless I was fairly sure that I was going to at least get my money back.
Ok let me explain. It is not illegal to have a stock account when you are young. I am now 13 and I have and Etrade account. Second, the best time to buy was very recently, (yes the recession) while everyone is yelling that the sky will fall and the economy will collapse smart investors like Warren Buffet buy more. If everyone is convinced that next week the stock will no longer exist they panic and sell in a frenzy. Take Ford for example, even though they recieved a government bailout the company had a strong base that kept it secure. The stock itself dipped to 3.00 but very easily rose to where it is now at 11.00.