#1
...does one have to be to buy stock and invest money?
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#3
ive really considered it at 14, but i think if your under 18 like me you have to invest it through a parent b/c you legally cant own a bank account.
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#4
Any age, have your parents help you, or someone who knows about that ****.
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#6
Any age really. But a parents help is reccommended and mostly needed
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#7
if you are under 18...any age with your parents help

actually im not sure

i had rrsp's when i worked at canadian tire, and had the option to use something else
i dont know how much different that is
#8
If you don't even know this, should you really be investing in stocks just yet?

Just my two cents, but maybe learn a bit more about it first?
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#10
Wondering the same thing earlier today. When/if we go into a recession I'm gonna put all the money I have (not much) into stocks. Can't go much lower than a recession or depression can it? Way I see it you can only make money.
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#11
Quote by Guitartv
Wondering the same thing earlier today. When/if we go into a recession I'm gonna put all the money I have (not much) into stocks. Can't go much lower than a recession or depression can it? Way I see it you can only make money.



except for the fact you could lose everything
#13
Frankly, you shouldn't consider investing unless you've got around 3 grand laying around that you can definitely afford to lose. Investing is nothing less than a gamble, you are betting that the company you put your money in is going to do well. If we hit a recession (and it is looking that way) there is no way of telling how far our stock markets our going to fall. You can't really make money off of it unless you somehow manage to figure out when the recession has hit it's lowest point and the economy is on the rise again, and you also figure out what companies are going to come out of the recession the best.
Aside from having that knowledge I would refrain from investing nowadays.
#14
Quote by Guitartv
Wondering the same thing earlier today. When/if we go into a recession I'm gonna put all the money I have (not much) into stocks. Can't go much lower than a recession or depression can it? Way I see it you can only make money.


Ummm, thats not very good logic and you could really end up ****ing yourself over if you do that. A recession could just keep getting worse and worse you never know. Your stocks are most valuable when the economy is in good shape. Besides you want to keep your money invested in banks so you collect interest, not gamble all you have on a poor market.........
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#15
Quote by clancy256
except for the fact you could lose everything

>.>
<.<


...........or that
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#16
i think you can invest from 16 in the uk.

I think its just whenever you control your own bank account and no longer need parents signitures.

i own a fair bit of stock myself but it was all bought for me when i was young. To be honest i would suggest just raping the **** out of the tax free high interest accounts kids get for some reason. failing that put your cash into a fixed term ISA, and try to set one up every year.
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#17
Sorry for being kind of off topic, but could someone explain the stock system to me? I've tried looking on wikipedia and stuff but I still don't get the purpose or how it works.
#18
Quote by iamnotrabid
Sorry for being kind of off topic, but could someone explain the stock system to me? I've tried looking on wikipedia and stuff but I still don't get the purpose or how it works.


http://money.howstuffworks.com/stock.htm
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