getting into stocks and making money

When i get outta school and start makng money imn going to invest in space exploration and private companies, cuz i guarantee its gunna be huge. And cater primarily to millionaires.
 
as you said 100$ is to little, i will need more than that. The thing is i dont want to dig into my savings. So i was thinking that maybe i could do some of those online polls and make some money. From what i hear you can make around 200$ a month with them. So i think i will get into that first and save up. Since i am very young (just 16) that can be a ok source of income. Do you have any ideas as for what polls i can do? if posting links here will mean breaking forum rules then you can send me links in a pm.

thank a lot.
 
do you mean google adds?

there are 2 reasons why i dont want that:

1. I only have about 200 visitors every day.

2. It will make my site ugly.

only when i have about 600 a day i will do that.

what i really want are there polls you can do.

does anyone have any info about them?

thanks :)
 
Carsightings how old are you? :?

I can say only 2 things:

1,
matt_shaw said:
M3lover said:
Buy 80 $ worth of lottery tickets
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Click to expand...

2,
Carsightings said:
sorry but what are options? :oops:
are options another name for stocks? :?
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If you don't know this, than you have no knowledge of this field whatsoever.

And last but not least, I personal opinion. If you want to gamble, you might as well just chose a quicker way, and go into a Casino, place bets on some soccer game, horses, or whatever.

Forget about the stock market, you won't make anything with that small amount of money, and especially not just by reading 2-3internet links about what stock exchange is.
 
pdanev said:
Carsightings how old are you? :?

I can say only 2 things:

1,
matt_shaw said:
M3lover said:
Buy 80 $ worth of lottery tickets
Click to expand...
Click to expand...

2,
Carsightings said:
sorry but what are options? :oops:
are options another name for stocks? :?
Click to expand...
If you don't know this, than you have no knowledge of this field whatsoever.

And last but not least, I personal opinion. If you want to gamble, you might as well just chose a quicker way, and go into a Casino, place bets on some soccer game, horses, or whatever.

Forget about the stock market, you won't make anything with that small amount of money, and especially not just by reading 2-3internet links about what stock exchange is.
Click to expand...

i am 16.

first of all i have taken your advice and i will follow the market,read articals etc.. and get into the "game" before i start investing. As for now I would like to know if there is a simple way to make money off the internet. As i said I have heard lots about these polls you can do. So if anyone has any info on them, please let me know.

thanks.
 
^ Good. :)

You need a LOT of experience if you want to make money in this field, so you really need to be familiar with every single aspect of the game. You need to be up to date all the time, understand every factor that influences stock market prices. You need knowledge of the company you will invest in, also the industry that company is in, economic factors, and about a zillion other things.

But as I said, I personally consider this all a big gamble. You can't win without making someone worse off, and usually its the guys behind the curtains that pull the strings and win, contrary, little fish like the average Joe loose. If you could predict how certain stock will act in the future, then everyone would be rich by now. If it were as simple as analysing past data, economic factors etc, then we'd all drive evos like the one in your sig. :)

Although all thes things cointribute to giving certainty to so extent, it's allways a gamble. And just like in a casino, you can win millions in a matter of seconds, and loose millions in a fraction of a second.
 
Carsightings said:
thanks for your good advice :)

for now then what money making options do i have (over the internet)?
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I think the reason you have problems finding ways of making money online is that there are no easy wasy of making money online anymore.

If you don't have anyting to offer, a service or whatever, you might as well give up.

These polls that you are talking about aren't gonna make you rich, I would think that if you sat and answered polls 8 hours a day, 5 days a week you would "earn" 25 dollars.

One thing you should consider is selling all your old stuff or things you don't need on ebay. That is an easy way of making money.

And what about the old fashion way of earning money?
Are you a bit lazy? :roll:
 
$80US is enough to get you started...but not in the stock market, instead you will be trading foreign exchange, the biggest financial market in the world. Instead of worrying about picking from thousands of stocks, there are only six major currency pairs you need to concern yourself with: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, and USD/CAD.

There is 1 forex broker I know of that can let you start with $80, but you won't be making any big money simply because your contract size is too small, but that is a good way to how to trade without taking on too much risk.

Learn to trade with a demo account first to test out your methods and strategies, then trade with small amounts so that you learn to control your emotions.

Learn about the forex market here: http://babypips.com/

The broker I mentioned: https://fxtrade.oanda.com/
 
CanadianLoonie said:
$80US is enough to get you started...but not in the stock market, instead you will be trading foreign exchange, the biggest financial market in the world. Instead of worrying about picking from thousands of stocks, there are only six major currency pairs you need to concern yourself with: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, and USD/CAD.

There is 1 forex broker I know of that can let you start with $80, but you won't be making any big money simply because your contract size is too small, but that is a good way to how to trade without taking on too much risk.

Learn to trade with a demo account first to test out your methods and strategies, then trade with small amounts so that you learn to control your emotions.

Learn about the forex market here: http://babypips.com/

The broker I mentioned: https://fxtrade.oanda.com/
Click to expand...

thanks i will consider that :)
 
You need to do a lot more research if you think you can start making money on stocks from your computer with $80-100. There are far more practical ways of investing.

If you insist on the stock market, perhaps give http://moneycentral.msn.com/content/investingthisweek.asp a lookthrough. Read some of the journals, follow the Strategy Lab - gives you a bit of idea what criteria some weathered investors use when buying stocks. Also may make you realize it's not a matter of "picking" a stock.

Unless you use another venue (ie like Loonie mentioned), work a few years, get a few grand in the bank, then put a grand or two aside and start investing then.
 
SiR_dude said:
You need to do a lot more research if you think you can start making money on stocks from your computer with $80-100. There are far more practical ways of investing.

If you insist on the stock market, perhaps give http://moneycentral.msn.com/content/investingthisweek.asp a lookthrough. Read some of the journals, follow the Strategy Lab - gives you a bit of idea what criteria some weathered investors use when buying stocks. Also may make you realize it's not a matter of "picking" a stock.

Unless you use another venue (ie like Loonie mentioned), work a few years, get a few grand in the bank, then put a grand or two aside and start investing then.
Click to expand...

what better ways of investing are there?
 
I didn't say "better". But for simply starting, I firmly believe one should have money saved in more secure ares (eg mutual funds, even GICs :unsure: ) before investing in stocks.

Also, I don't necessarily agree with whoever said to invest in $1 stocks "so you don't lose much money". The price of the stock does not determine how much you lose. When stock prices get that low, there's usually a problem with the company. As strong company with good performace should have higher stock prices. If you find a strong company with good performance and a LOW stock price, that's a good time to buy.

Like I said, get a few grand in the bank and in more secure investments, then save some money to "play" with on the stock market. Personally, I think that the money you "play" with, especially when starting out, shouldn't be more than 10% of your total savings. IE, if I was you, I'd get $10,000 in relatively safe investments, then get another $1000 to spend on stocks. Just my $0.02.
 
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