Fast Money Making Stocks
How I can invest my money or develop a twelve year old boy?
I work my butt off to get the money for such things When you get the money they spend and nowhere. Is there anything I can do with this money going to grow? faster than a savings account … I have one. I want something fast. So Where I can invest in stocks … I know a good one. thnx
You must buy five years of fixed income Treasury bills, bonds or investment certificates guaranteed (GIC). They are safe, and if you buy one and five years, will mature in time to have money to go to college. Since you are only 12, no be able to open an account with a securities brokerage, since you are under age. However, if you want to invest in shares of a specific company, and maintained in the future, you can check with the policy of the company, some companies allow you to send a check with a completed order, and process them and return by mail a stock certificate with your name. The easiest way (if you've decided to stop buying and selling / exchange for benefits) is to simply use accounts investment of their parents or ask them to open an account in your name unless you put your money on it. In this case, basically have your own account and only saved their parents. If you do so, not just to brag or tell others. If you plan to invest, you should have at least these amounts of money for each investment purposes: Treasury – Bond $ 1,000 minimum – $ 100 minimum – Minimum $ 500 GC Capital Investments – $ 500 minimum recommended stock price – recommended minimum $ 10,000 if you go with 5 shots for one year for fixed income securities (Treasury bills, bonds or GIC), which will return about 2.5%, 2% and 3% per annum respectively, which is much faster than a child savings account. Just keep in mind that reservations, you can make wholesale, but also lose big. If you are buying and maintain reserves for the next five years, I'll wait until you find the results at least 6% on average each year. If you want to change your car, so I have no idea of what returns or losses will be.
8/12/2009 Peter Schiff On Fast Money: FED Sends Stocks Rallying