Lux Investing
Where can i invest money online?
i mean actual stock investments secondly, is it open to minors thirdly, would it be a bad time because of the stock market crash or world it be a good time since evryone is selling low because of the crisis
Public Comments
- etrade.com
- E Trade is one. Minors cannot legally own stock or open brokerage accounts in their name. A parent can how ever do it on your behalf. Thirdly there is no stock market crash or crisis, these are buzz words used by the media to make people think they are doomed and get them to watch their shows. This is a good opportunity to start investing because many stocks are below value. The current state the market is in is called a "correction" these happen every once in a while (few times per year). However the market is also in a downward trend which means that the economy is slowing down. If it slows down too much the economy goes into a state known as a "recession". The stock market usually also goes into something called a "bear market", where stocks usually go down in value. Do not mix this up with "depression" which is like a "recession" but a thousand times worst. Recessions and bear markets are perfectly normal cycles of the economy. But people like to scare other people into thinking that they are doomed to either get their attention or their money.
- right now, not good to invest money on stocks online, and you should be a real adult before jong that. Good to hear that u are still a minor but have money to invest
- maybe you can check this out , 3% to 10% monthly consistently low risk.
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