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How can a teen (16 y/o) invest in the stock market?
2 Answers
- Sagar LakhaniLv 61 decade agoFavorite Answer
Invest Your Money In The Stock Market
Abercrombie & Fitch Co
Stock Symbol: ANF
American Express Company
Stock Symbol: AXP
Apple
Stock Symbol: AAPL
AT&T Inc
Stock Symbol: T
Bank of America Corp
Stock Symbol: BAC
Barclays PLC (ADR)
Stock Symbol: BCS
Berkshire Hathaway Inc
Stock Symbol: BRK.A
Stock Symbol: BRK.B
Chevron Corporation
Stock Symbol: CVX
Citigroup Inc
Stock Symbol: C
Coca Cola Co
Stock Symbol: KO
CVS Caremark Corp
Stock Symbol: CVS
Deutsche Bank AG (USA)
Stock Symbol: DB
Ford Motor Co
Stock Symbol: F
GameStop Corp
Stock Symbol: GME
Goldman Sachs Group, Inc.
Stock Symbol: GS
Google
Stock Symbol: GOOG
Hewlett-Packard Company
Stock Symbol: HPQ
Home Depot Inc
Stock Symbol: HD
HSBC Holdings plc (ADR)
Stock Symbol: HBC
JPMorgan Chase & Co.
Stock Symbol: JPM
3M Co
Stock Symbol: MMM
MasterCard Incorporated
Stock Symbol: MA
Microsoft Corporation
Stock Symbol: MSFT
Morgan Stanley
Stock Symbol: MS
Royal Bank of Scotland Group plc (ADR)
Stock Symbol: RBS
Target Corp
Stock Symbol: TGT
Wal-Mart Stores Inc.
Stock Symbol: WMT
Wells Fargo & Company
Stock Symbol: WFC
Visa Inc
Stock Symbol: V
Yahoo! Inc
Stock Symbol: YHOO
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Hope that helped!
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- Anonymous1 decade ago
I'm assuming you want to trade stocks.
Since you are underaged, ask you parents if they have a brokerage account, if they do get them to create a UTMA account ( a account for a minor). This account will be a "sub" account of your parents, and you can only access the account if your parent allows you to(unless you can make you parents trust you enough to have full ownership of the account). I reccommend creating a fidelity brokerage account (if your parents don't already have a brokerage account) because at this moment they are offering free 250 trades for any new accounts established... which means you can trade back and forth for free instead of paying 7$ a trade..... which saves you ALOT of cash. How do i know all of this?, because i'm 16 and i have a brokerage account under my parents WITH fidelity, and its awesome.
Source(s): Me