Stock Market Advice

Have any stock market advice?

i am 13 and in need of 2000 dollars. my parents are letting me get a stock or two so i can gain this money and learn a bit about the market! i am really excited so any easy to understan URLs or your own advice would be appreciated! Also, wat stocks do you have that are being sucessful?
TSM! [thanks so much]
elementamigo4
i need it by march 2nd

Congratulations on your interest in the stock market. Most financial gurus started investing at your age, so maybe you’ll be the next Peter Lynch!

You didn’t mention your time frame or what your initial investment will be. These are critical issues when investing money. You’ve clearly established your goal (earning $2,000), but how quickly you’ll need the money is a huge issue. To earn $2,000 quickly in the stock market, you’re going to have to take some huge risks. That’s not investing-that’s gambling. If you really want to play it safe, open a money market fund with Vanguard. The Prime Money Market is paying around 5% with virtually no risk to your money.

Good luck and happy investing!

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