Comments on: Investment For A 16 Year Old? http://www.hask96.com/realestate-broker/investment-for-a-16-year-old Wed, 02 Jun 2010 23:34:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: 2Xhttp://www.hask96.com/realestate-broker/investment-for-a-16-year-old/comment-page-1#comment-1142 2X Sat, 06 Feb 2010 02:59:59 +0000 http://www.hask96.com/realestate-broker/investment-for-a-16-year-old#comment-1142 Keep $1,000 in a savings account and put the rest into an online stock market account. Scottrade is a good place to start. Before your money is available to start trading be sure to read and watch all you can about how the stock market and trading works. Good luck. oh yeah and don't even bother with CD's and money market accounts right now, the interest you will make on them in a year can easily be made in 2 minutes with trading stocks.<br><b>References : </b><br> Keep $1,000 in a savings account and put the rest into an online stock market account. Scottrade is a good place to start. Before your money is available to start trading be sure to read and watch all you can about how the stock market and trading works. Good luck. oh yeah and don’t even bother with CD’s and money market accounts right now, the interest you will make on them in a year can easily be made in 2 minutes with trading stocks.
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]]> By: eEzhttp://www.hask96.com/realestate-broker/investment-for-a-16-year-old/comment-page-1#comment-1141 eEz Sat, 06 Feb 2010 02:48:59 +0000 http://www.hask96.com/realestate-broker/investment-for-a-16-year-old#comment-1141 John J, it's a buyers market! Unless of course, you doubt the economy will ever pick up again.<br><b>References : </b><br> John J, it’s a buyers market! Unless of course, you doubt the economy will ever pick up again.
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]]> By: Italian girlhttp://www.hask96.com/realestate-broker/investment-for-a-16-year-old/comment-page-1#comment-1140 Italian girl Sat, 06 Feb 2010 02:34:59 +0000 http://www.hask96.com/realestate-broker/investment-for-a-16-year-old#comment-1140 You do have enough to invest in an REIT--real estate investment trust. They are sold like stocks. They pool money and invest in real estate. They come in various varieties.http://www.bullsector.com/realestate.html<br><b>References : </b><br> You do have enough to invest in an REIT–real estate investment trust. They are sold like stocks. They pool money and invest in real estate. They come in various varieties.

http://www.bullsector.com/realestate.html
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]]> By: Emislaurushttp://www.hask96.com/realestate-broker/investment-for-a-16-year-old/comment-page-1#comment-1139 Emislaurus Sat, 06 Feb 2010 02:01:59 +0000 http://www.hask96.com/realestate-broker/investment-for-a-16-year-old#comment-1139 Best bet would be shop around for a CD (Certificate of Deposit). Stocks are risky at the moment, and are for more long term investments. Real estate is also shaky and for $4000 you really wouldn't be able to do too much. You can get a CD at any local bank, they usually hold your money for 6 months to a year and can tell you exactly how much money you will earn for letting them hang onto your money for that year. If you want to learn more just click the link I have.<br><b>References : </b><br>http://en.wikipedia.org/wiki/Certificate_of_deposit Best bet would be shop around for a CD (Certificate of Deposit). Stocks are risky at the moment, and are for more long term investments. Real estate is also shaky and for $4000 you really wouldn’t be able to do too much. You can get a CD at any local bank, they usually hold your money for 6 months to a year and can tell you exactly how much money you will earn for letting them hang onto your money for that year. If you want to learn more just click the link I have.
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http://en.wikipedia.org/wiki/Certificate_of_deposit

]]> By: elocinhttp://www.hask96.com/realestate-broker/investment-for-a-16-year-old/comment-page-1#comment-1138 elocin Sat, 06 Feb 2010 01:23:59 +0000 http://www.hask96.com/realestate-broker/investment-for-a-16-year-old#comment-1138 John, if you turn that 4000 into a Roth IRA, using only 2000 you would have quit a bit in 20 years, and the remaining two I would put in the bank and let it sit there until I had another way to invest it. You don't have to do it all at once.<br><b>References : </b><br> John, if you turn that 4000 into a Roth IRA, using only 2000 you would have quit a bit in 20 years, and the remaining two I would put in the bank and let it sit there until I had another way to invest it. You don’t have to do it all at once.
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