Quick Wealth Network

Investing?

Im 17 years old and i want to invest a bit of my money in something, but my question is what is that something, and how do i invest in a company. Also, do you need a great deal of money to put into it and what do you get in return? How about COKACOLA, is that a good company to invest in?

Public Comments

1. You do not need a great deal of money at once, invest over time and you will do great. KO (Coca Cola) is a great company, but if you are going to invest in the market, make sure you diversify and not invest all your money in one place.
2. check companies that has good prices per share ; and the prices are not dropping or fluctuating alot ; meaning share price is steady. Type the company name in yahoo and usually yahoo finance has complete information about their shares and prices. Also check the investor section of these companies to learn more. For example , you asked a question about cocacola's and here is the webpage for it https://www-us.computershare.com/investor/default.asp?bhjs=1&fla=1&landing=y&issuerid=scuscoca&showinvestorcontact=y&ilpt=another price of share for cocacola is usually $60 per share. It depends how many shares the company is selling but you can buy shares in any amount you want ; I am a financial consultant and people usually purchase 100 to 1000 shares from people I dealt with. Dont invest much right now you're still young and dont want you wasting lots of money in case company announce losses then you'll lose money.
3. INVEST IN AUSTRALIAN MINING COMPANIES. REPEAT - A-U-S-T-R-A-L-I-A-N M-I-N-I-N-G C-O-M-P-A-N-I-E-S
4. At your young age and limited income, you should consider a DRIP Plan. They are inexpensive to start and maintain, and are great long-term investments. Check them out.
5. As you are just at an early age of 17 there is no dire need to jump too fast into a market that is unknown to you. Also a market that can devour your finances very quickly if you have no firm grasp of what is going on. I would recommend that you go to the URL sites that I have listed and do some educational preparedness first about the Stock market. These are the simplest sites to educate ones self on as well as the safest for any beginner. They provide practice accounts to get the feel on what happens during trades. I also have listed Zacks web site as they will provide a daily analysis report from all the Brokerage firms on stocks for anyone who likes to take some time in viewing all at the touch of a computer keypad. As a beginner there are no charges to any of these sites for informationn and guidance. http://www.low-cost-stock-recommendations.com/index.html http://www.investopedia.com/beginner.asp http://www.zacks.com/ This URL shows you all the Companies that have Dividends that pay to their stock shareholders. This is a Stock Transfer and Trust Company. Which means they hold the stock shares of individuals who have bought stock through one of the Dividend paying companies. very easy to deal with this company, since you mentioned about dividends. Dividend Reinvestment Program (DRIP) is easily done through them as well. http://www.amstock.com/main/default.asp Hope this provides you with more informatio than you had before. Enjoy your day, TS