Any Help Appreciated

[devilsdetroit]

Hey, I'm new to the forums, got sent over here from richdad forums, they recommended you guys Anyway, I'm 16 years old and am interested in getting involved in the stock market, I jsut have a few questions first

1. How much is your average share, in £s?
2. What types of stock is there? (e.g. I would want to make money within the year)
3. Which type of stock is best for me, based on the question in number 2?
4. Are there any good resources for me to learn out there?
5. Is it worth the hassle, to hard to learn?
6. Can you recommened any stocks?
7. Anyone want to keep in touch with me and help me out for a while?
8. What type of money would I be looknig at putting into the investment ?

Please feel free to e-mail me if you'd rather than post back, any help is greatly appreciated, I'm learning to drive soon you see and would like to give myself a bit more of a kick start, along with some security for the future

Many Thanks

Andy

[JGotti]

1. How much is your average share, in £s?
If u mean the price per share... prices can range from .01-90,000 in USD

2. What types of stock is there? (e.g. I would want to make money within the year)
Theres Common Stock the one's we talk about

Preferred Stock
Preferred stock represents some degree of ownership in a company but usually doesn't come with the same voting rights. (This may vary depending on the company.) With preferred shares, investors are usually guaranteed a fixed dividend forever. This is different than common stock, which has variable dividends that are never guaranteed. Another advantage is that in the event of liquidation, preferred shareholders are paid off before the common shareholder (but still after debt holders). Preferred stock may also be callable, meaning that the company has the option to purchase the shares from shareholders at anytime for any reason (usually for a premium).

and in Berkshires case theres Class A and Class B stock

then theres options which is not a stock but may be traded like it but with different vocabulary " Calls" "Puts"
A privilege, sold by one party to another, that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed-upon price within a certain period or on a specific date.

In the U.K., it is known as a "share option".
http://www.investopedia.com/terms/s/stockoption.asp
3. Which type of stock is best for me, based on the question in number 2?
you will likely
4. Are there any good resources for me to learn out there?

tons of websites , this one will do fine as long as you ask and keep in contact

5. Is it worth the hassle, to hard to learn?
when u hit a ten bagger , **** right it is , too hard? no if u put one hour a day

6. Can you recommened any stocks?

sorry i dont reccommend stocks and not to many people like to for the simple fact that they took the time to do the hw

7. Anyone want to keep in touch with me and help me out for a while? i would, and im sure ecveryone in this forum would just ask

8. What type of money would I be looknig at putting into the investment ? ocer $360 is reccommended this keeps your fees lower than 2%

[devilsdetroit]

That advice is greatly appreciated, its good to know the help is here when needed aswell, I was reading up quite a bit earlier and know about types of stock, how to read the tickers what research to do etc now, but any advice is still appreciated

[spncr2]

Devilsdetroit!

Glad to hear of your curiosity in regards to learning of the market. I'm Spencer, from Michigan and im 15 years old. I've been live trading for about a year now. Send me a PM sometime or email me at spncr2@yahoo.com.. I'd love to help ya out with any further questions that you may have.

Hope all is well...

[Tyrael33]

Originally Posted by devilsdetroit

1. How much is your average share, in £s?
2. What types of stock is there? (e.g. I would want to make money within the year)
3. Which type of stock is best for me, based on the question in number 2?
4. Are there any good resources for me to learn out there?
5. Is it worth the hassle, to hard to learn?
6. Can you recommened any stocks?
7. Anyone want to keep in touch with me and help me out for a while?
8. What type of money would I be looknig at putting into the investment ?

1) About 3-50£ (they vary greatly)
2) The stocks that have the best returns have the biggest risk of failing. Generally speaking, low return/risk stocks are higher capitalization (what the total amount of shares amount to,) and in less speculative industries while high return/risk stocks are lower capitalization and in more speculative industries (e.g. biotech.)
3) Depends on how much you want to risk. See answer 2 for your options.
4) Absolutely. Investopedia.com is good. Better yet, buy lots and lots of books.
5) Depends on what your system is. In my opinion, knowledgeable investing and some longer-term forms of trading aren't incredibly hard to find your way to profitability, but short term trading is a truly tough way to make money.
6) You want to outperform the market by asking for advice on an internet message board? I'd ascribe that to the folly of youth, but most adult 'investors' don't act any wiser. Here is the only answer you should not immediately run from: SPY (the ticker symbol for an exchange traded S&P500 index fund.)
7) tyleringlis@hotmail.com if you have any questions.
8) Into *the* investment as in one stock? No more than about 1/5 of your capital at the very most.

If you're not willing to pour in hundreds (or, better, many thousands) of hours learning, at least a couple of hours a week keeping tabs on things, and have your emotions thrown around, then just buy index funds. Very little hastle, no learning, and you'll do better than most mutual funds and traders.