Lux Investing

I want to invest in stocks and mutual fund! (Beginner need advice)?

I am a teenager,and willing to invest around $200 to $400, in stocks, and mutual funds. What website would u recommend to buy stocks, and mutual funds online? I am looking for something with no inactivity fee, and no minimums/ start ups. In Canada. Is Sharebuilder in Canada, I wouldn like to know what it is called! If you bought stocks or mutual funds, I would like to know, How much money you first invested? Where can I get dividends? It is my first time buying stocks, that is why my investment capital is low, but Do I have to invest more, or this much is good for beginning? Thank you all for your replies. Please contribute with any reply, with advice about investing, not necessary to answer the questions. I could invest $1,000 after few months, any good online trading websites?

Public Comments

1. investing in stocks usually takes more money at least close to like 1,000. try putting your money in a cd or government bonds. local libraries usually have good books that explain the process of the stock market
2. maybe try www.ny-stock.com
3. There are many good No Load (No Fee) mutual funds out there. I like Gabelli (GAMCO) for one of my Gold funds. US World has a nice variety and their funds perform very well. Matthews is another fund Co. with a great track record. Everyone is different in what they invest in and like. The amount of risk you take is based upon if you can sleep at night. If you're worrying at night then you are too aggressive with your portfolio. Invest for the future and realize prices rise and fall, don't get too hung up on it. Yahoo has a nice program where you can enter what you purchase and for what price then each day it will tally your % up/down as well as dollar value. Go to Yahoo financial. Always read the prospectus that comes with each fund so you understand everything. Have fun.
4. You may take a look at this side with countless Youtube videos about investing and investments: http://www.forex-profit.info or at this one with all YahooAnswers about Investing in once space at http://www.autotrading-service.com for finding a solution. Good for getting your feet wet with only 1000 $ is http://www.autotradingservice.com Also good for 5K+ is http://www.Forex4Investors.com
5. Are you looking for ways to earn money online? WealthToolbox can help you start earning this week. For a limited time, we'll start your account with $100. Your account will be instantly created and funded. You could earn money on your account balance today. Hurry, this offer may end soon! Earn... Your new long-term investment account will be funded with our money. You never need to put a penny in your account. In fact, we don't allow it. You don't have to know a thing about investing to get started. We do all the work for you. There are no complicated forms to fill out and no legal red tape. Just sit back and watch as we invest the money in your account each week. We'll notify you by email every time your account balance grows or shrinks. Learn... As a member of WealthToolbox, our focus is helping you learn to make money on the Internet. We believe that the more you learn, the more you'll earn. In time, we'll create and give our members access to audio, video and web tutorials that teach: online investing Internet marketing eBay selling creating digital products setting up an online store and much more http://www.wealthtoolbox.com/?ref=truongta_9999@yahoo.com