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TheKid said: "Hello my name is Jake and I am 15. Last Saturday I turned 15. Once again i asked for money for my birthday, and when i took my new 200$ to the bank to deposit it, i received my bank notice to realize i had saved up 6000$( I know it isn't that much). So now i have 6k$ and want to invest it. I was thinking stock or CD's. I was wondering if anyone had any good websites for learning a little about the stock market. Any help/criticism is appreciated and welcomed. :th_dblthumb2:"

squarepusher said: "[QUOTE=TheKid]Hello my name is Jake and I am 15. Last Saturday I turned 15. Once again i asked for money for my birthday, and when i took my new 200$ to the bank to deposit it, i received my bank notice to realize i had saved up 6000$( I know it isn't that much). So now i have 6k$ and want to invest it. I was thinking stock or CD's. I was wondering if anyone had any good websites for learning a little about the stock market. Any help/criticism is appreciated and welcomed. :th_dblthumb2:[/QUOTE] buy LDK now and double your money =] im doing it"

TheKid said: "hmm before i buy anything I realy want to learn more about how the stock market works. any good sites on how i can learn more?tips?"

LongArm said: "[QUOTE=squarepusher]buy LDK now and double your money =] im doing it[/QUOTE] I'm (almost) sure Square is joking. ;) Forget CDs--at your age, the stock market (in some form) will give you the most bang for your bucks over the long term. But you're right to want to learn before investing. Check out Investopedia.com and Morningstar.com's free investing classroom, as a start. Fool.com is good, also. There is TONS of great educational info on the 'net, so go immerse yourself for a while before making any moves. After you've learned a little bit and you have specific questions, ask them here."

TheKid said: "thank you i will try those websites."

squarepusher said: "also, I like the CAPS community, you can 'paper' trade there, and rate yourself with other opponents, and its also a coloful site. See the resource in the main discussion for good trading tools. [url]http://www.superiorinvestor.net/thread6391.html[/url] There ya go. You might wanna start a Zecco account as well, it may fit your trading profile, and I reccomend ETF overs Mutual Funds, on JAPS recommend, also i got hit with $160 in fees for selling my fund less than a year ... ETF dont have that type of stuff"

bigmike said: "Here is the link to the Morningstar Investor Calssroom. It is one of the best sources to learn about stocks, bonds, and mutual funds, and how to manage your portfolio and there are quizes at the end of each lesson to make sure you retained to information that you read. [url]http://www.morningstar.com/Cover/Classroom.html?t1=1173663042[/url]"

Aligator said: "[QUOTE=TheKid]..............Any help/criticism is appreciated and welcomed. :th_dblthumb2:[/QUOTE] Hi Jake... Since you asked: I think your best course of action is to place most of your money with an asset allocation fund. Most. Maybe all, if you have an income. [QUOTE]Asset allocation funds are diversified, professionally managed funds that balance risk by investing in different mixes of assets, including stocks, bonds, and cash or other short-term instruments. There are different types of asset allocation funds: * One type of fund is managed with a specific timeframe in mind, such as a target retirement date. As the fund nears that retirement date, the fund manager re-balances the fund either automatically or tactically to become more conservative. * Another type of fund is managed solely toward achieving the fund's objective, be it growth, income, or other investment goal, with no specific timeframe in mind. Investors therefore are responsible for moving their money from the more aggressive to more conservative funds (or vice versa) as they achieve their lifestage goals. Asset allocation funds also can be "funds of funds," which, instead of investing directly in stocks or bonds, invest in shares of stock mutual funds or bond mutual funds.[/QUOTE] Taking care of your hard earned money and building an asset base is something which will take time. *Read "The Richest Man in Babylon". Then read it again. * Learn the difference between fundamental investing (Warren Buffet) and technical investing (Gary B Smith). Then decide which type fits your personality best and become an expert. * Make a silent vow that you will never live above your means and that you will allways keep one tenth of your income to add to you investment portfolio. If you have an acquisitive nature - and you seem to - you will find success in whatever field you choose. So enjoy your work, enjoy your income, and don't become one of those sumbitches down at the club who goes on and on about his portfolio.:)"

Genius said: "First, Wire me all your savings. Then Sit back and watch me run like hell.:laugh: But yeah. Dont go into anything unless you know how it works. Fool.com is a good source for small caps but is an 100% promise to a return. CNBC is good. After hours like 7 eastern they tell you stocks (and good ones) to keep your money on. Example. MON, BHP, CROX, etc JIM Cramer Dont listen to. He/she/it is a lying bastered who yells out what children could figure out. He picks high volume stocks that even a rookie broker can figure are gonna pop in a month. P.S: I wasnt kidding about the wire transfer^"

Corey said: "I second the vote to read "The Richest Man in Babylon." The stock market is only a small part of proper money management that will lead to wealth. My only advice is this: read. Read a lot. Read everything. Even if you don't think it will apply...it probably will. Read qualitative reviews and quantitative essays. Read biographies of traders. Read essays from investors. In a machine as complex as the market, knowledge is the ONLY edge."

bluejay331 said: "[QUOTE=Corey]I second the vote to read "The Richest Man in Babylon." The stock market is only a small part of proper money management that will lead to wealth. My only advice is this: read. Read a lot. Read everything. Even if you don't think it will apply...it probably will. Read qualitative reviews and quantitative essays. Read biographies of traders. Read essays from investors. In a machine as complex as the market, knowledge is the ONLY edge.[/QUOTE] Very well spoken ...listen to that advice and congrats on setting your focus at a young age..most fall to the way side of young pleasures that sidetrack and hold back the youth from achieving great things..."

buzneg said: "Don't listen to anyone!!! no matter how much they SOUND like they know thier stuff. 50% of what you hear on TV about anything finanial is all out lies. 90% if what you hear on the internet is traders trying to hype stocks they own. You'll better know who to trust when you know more about how the world, and markets work."

geomatster said: "Hey stick around superior investor...you will really get an hang on what is going on. Like Big mike said, do visit morning star. Also visit [url]www.marketsimplified.com[/url] and Investopedia which are quite user friendly and are easy to use by beginners. Investopedia does give some general news on company which are quite useful to make decision."