Hey /biz/ bros, can somebody tell me how to get into stocks?I have like 600 in my bank account (I'm still in high school leave me alone) and would like to make some passive income or just sell stock when it becomes higher in value. What are some good places to get some info and dip my feet in?
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Stocks aren't for making money. They are for keeping your money.
If you want to make money you start moving actual goods.
if you've made $600 in 2016, open a roth IRA at vanguard and invest in a mutual fund.
If not, find a discount online broker and buy all the shares of MO you can afford and hold them for a long time.
>/biz/ - Business & Finance
>>1237973
How long can you stay solvent? Buy crude oil and hold until the market corrects back above $60-70 and take profits every $5 move upwards so you slowly unwind your position and lessen the downside exposure against another dip in prices. However, if it dips again on the way back up, buy some more for fucks sake. Thank us later.
>>1237973
you can't trade or invest until you're 18
for $600, there's not much diversifying you can do. decide if you want to start investing long term or try out trading/speculation and go from there
