I got 112 dollars to my name put me on some stocks

[Blackking]

Y'all acting like I'm 40 and struggling out here, I'm 17 and just trynna use the Christmas money my parents gave me and trynna make more from it

add 50-100 to that shyt every week til u are 40 and but it in a safe account , mutual or something

just in case u r struggling when ur 40.

 

[Kritic]

yeah, go to slickdeals and find some good shyt there ; you can go sale it on ebay for a nice margin.

ex: I bought a electric toothbrush - Sonicare DiamondClean which retails at $160-$220 for about $80 bucks - ebay has people selling brand new ones for $100-$140 that's easily $20-60 profit ; if you don't mind putting the work in

we at many thousands hustlin on ebay as i'm trollin my online bf ill.

 

[Uncle Kingpin]

Y'all acting like I'm 40 and struggling out here, I'm 17 and just trynna use the Christmas money my parents gave me and trynna make more from it

Go buy a gift then. The stock market is not a place to make "quick flips" unless you got millions involved. Stocks are a slow flip. If you really want to buy a stock, (u couldnt buy more than a few shares at most) buy a blue chip and hold it for years.

 

[Apex]

 

[Higher Tech]

come back when you got about 5 Gs. Even that isn't enough to make some serious money from stocks.

I started with a grand 2 years ago. Im doing much better now. Buy anything that's lower than normal. I got lucky and had Best Buy and Yahoo at its lowest. I had facebook too but sold before it grew because i pussed out. I also bought BAC at 9.80.

 

[TheBigBopper]

let's stick to givin this young man advise on what he can do with his $112.

i'm just watching out so that a jew don't steal his little money.

I was 16 when I started investing in stocks and had a lot more than $112. I saved my money from after school jobs and flipped 5k into 8k in a few months. It took a lot of work though, and when you account for the man hours I put into my research, it really didn't amount to much. I learned a lot though and had fun.

If you want to make money from the stock market, you need a decent amount of capital to work with and you need to do your homework. I recommend the following book as a primer for investing

This guy went to Wharton and ran one of the most successful mutual funds in Wall Street history. He describes his stock picking techniques in this book and makes them very simple and digestible for laypeople.

 

[TheBigBopper]

add 50-100 to that shyt every week til u are 40 and but it in a safe account , mutual or something

just in case u r struggling when ur 40.

This is smart too. The best thing you can do is open up a Roth IRA with that 112 bucks and add a few hundred bucks to it every month in an S&P 500 or small cap ETF

 

[Im Kemet Rocky & I like penis]

sell yo bootyhole....

 

[mannyrs13]

Yeah breh had made a thread yesterday and I mentioned investing and roth ira. told him to holler at yall for advice. best to just save money some place it can grow interest and get stocks when you have atleast a stack. Playing the low stocks is risky. if you working, someone has a thread on saving money challenge. I might try that. high interest savings likely your best bet but you gotta feed it so it can grow

 

[Domingo Halliburton]

put the money on a college bowl game if you only have a 100 bucks

 

[Domingo Halliburton]

Yeah breh had made a thread yesterday and I mentioned investing and roth ira. told him to holler at yall for advice. best to just save money some place it can grow interest and get stocks when you have atleast a stack. Playing the low stocks is risky. if you working, someone has a thread on saving money challenge. I might try that. high interest savings likely your best bet but you gotta feed it so it can grow

where you getting this high interest savings? Interest rates suck now

 

[mannyrs13]

where you getting this high interest savings? Interest rates suck now

yeah you right they do suck. think only cd are decent but I'm not in the game like that. do you know if they are? but ain't no cd for 112 or worth it. not many ways to make 112 grow quick unless you hustling. I got a capital one account for saving but think interest is a measly .70 at the moment. he gonna have to start somewhere. like his discipline to think long term and not waste on bs

 

[Domingo Halliburton]

cd's are yielding less than 1% annually

 

[Kritic]

I was 16 when I started investing in stocks and had a lot more than $112. I saved my money from after school jobs and flipped 5k into 8k in a few months. It took a lot of work though, and when you account for the man hours I put into my research, it really didn't amount to much. I learned a lot though and had fun.

If you want to make money from the stock market, you need a decent amount of capital to work with and you need to do your homework. I recommend the following book as a primer for investing

This guy went to Wharton and ran one of the most successful mutual funds in Wall Street history. He describes his stock picking techniques in this book and makes them very simple and digestible for laypeople.

they're many ways of making good money besides the stock market. all require hardwork and mastering whatever it is. can't start trading stocks with baby money. the stock market is a great way to make money.



another way to flip money is join a sports betting forum and follow guys posts who really know their sports.