Investment

last SG · 2010-02-16T02:19:16+00:00

Trading gives us lessons not only about what to do or not to do next time in a trade, but also life lessons about personality traits that could improve the...

Babelfish SG

What are the options that are open for teenagers, with just say $2000 available to invest? Will be happy to receive starters and opinions from the folks out there:)

Yourtrustedresource SG

Strategical soccer betting? LOL. i actually gt one strategy that has alrdi worked for me lmao.. =x

but that was the joking part, anw, for teenagers, it hard to make investments until u reach the age of 18, coz, many of the companies out there that do investment programmes usually require some documentations, which are rather complicated too. wait till you are 18, but maybe you can start reading on stocks, currency, and study the charts.. will be useful in the future, for ur future investments..

As romanista2001 SG

can't get into stocks with 2000,

you'll lose it quickly in forex,

try silver.............only way is up...........price coming down now..............wait for price to go lower then buy and hold.............then repeat.............

Yourtrustedresource SG

can't get into stocks with 2000,

you'll lose it quickly in forex,

try silver.............only way is up...........price coming down now..............wait for price to go lower then buy and hold.............then repeat.............

yes, same sentiments too, but if there is a forex trading expert giving you tips?? i created a $50USD acc on forex, been profiting recently, coz my mentor quite zhun. lols.

hmm, anw, if you had lost ur money in forex, its probably due to some reasons such as not studying the trends of the currency fluctuation and not using money management well. anw, cheers, wish you luck on silver.

βέτά SG

$2,000 can buy lots of options.

But of course, if it expires below the exercise price, you lose everything.

As romanista2001 SG

yes, same sentiments too, but if there is a forex trading expert giving you tips?? i created a $50USD acc on forex, been profiting recently, coz my mentor quite zhun. lols.

let me guess, your mentor happens to be one of those guys advertising in the newspapers...........?

if not, he's selling a signal service ?

eagle SG

What are the options that are open for teenagers, with just say $2000 available to invest? Will be happy to receive starters and opinions from the folks out there:)

Nothing. Just put in fixed D or money market funds.

Save near to 10 to 20 times that amount then think again. Brokerage fees will kill you. When you do not have the capability to earn or generate cash fast enough, you will be taken on an emotional roller coaster ride when your investment goes up and down. And that's unhealthy.

Unless you have decided to take on a job as a full time trader, if not, that $2k won't bring you anywhere.

Rooney9 SG

save up and dun use the money. thats the safest option with minimal risks.

As romanista2001 SG

i remember there's this website called sharebuilder.com whereby you can even buy US stocks 1 share at a time................slowly build up lor............

Junyang700 SG

RHB Bank Fixed Deposit
1.25% with 36 months deposit. =)

eagle SG

i remember there's this website called sharebuilder.com whereby you can even buy US stocks 1 share at a time................slowly build up lor............

Philips Securities also have their own sharebuilder's plan for local stocks

Yourtrustedresource SG

let me guess, your mentor happens to be one of those guys advertising in the newspapers...........?

if not, he's selling a signal service ?

Hmm, not exactly.. as for the newspaper, i dun think so..

n there is a signal service thou, hmm, its nt exactly free, but he would not take any money from you. to excess to his signals, you just nid to sign under him.. thats all.. so, you wont be taking out any money from your pocket.. except the initial deposit at the broker of min $50USD? o.o.

As romanista2001 SG

Philips Securities also have their own sharebuilder's plan for local stocks

you mean you can even buy a single share ?

imagine buying a single share of a $0.20 stock..................those guys from Philips will laugh their heads off............then i tell them i plan to average down mah..................1 > 10 > 100 > 1000..............LOL

eagle SG

you mean you can even buy a single share ?

Sharebuilders plan is not for buying single shares

But yes, you can buy unit shares with Philips.

I really wonder if you know anything -.-"
So far all the questions you asked have been really basic.

As romanista2001 SG

told you i don't do stocks mah................i only know you need to buy shares in lots of 1000 shares , that's all........

Babelfish SG

Appears that for now, keeping a savings account with a meagre interest per annum seems the most feasible?

Just want to know, how do we start going about doing investment? who do we approach without becoming laughing stock? whats the first step that are open to us?

Fryderyk HPH SG

Philips Futures does the FOREX thing I was tellin u abt.

Check them out.
Their main office is at Raffles City Shopping Mall Office Tower. 7th floor if i recall correctly~

sunny6110 SG

learn to do small business with your $2k....

u might b surpised how much wonders $2k can do....

gd luck and cheers!

Babelfish SG

Philips Futures does the FOREX thing I was tellin u abt.

Check them out.
Their main office is at Raffles City Shopping Mall Office Tower. 7th floor if i recall correctly~

ya i rmb.. but they are dealing 'big business', will they care about teenagers?

Fryderyk HPH SG

If I'm doing it, so can you!

Started with $3k... Now my portfolio is about 56k.

Making a lot of money on forex, but u have got to have a keen eye for detail and market watch, and sit infront of ur com for hours at end.

Just made a lot of cash on the following currency pairs...

USD/JPY
EUR/USD
GBP/USD
USD/CHF
EUR/CHF
AUD/USD