How can a teen (16 y/o) invest in the stock market?

Answer 1

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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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Answer 2

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