Stocks for Teens

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Stocks for Teens

I have recently played a stock market game at school. It was a requirement for my math class and everyone had to participate in the competition. I did not know anything about stock before we started playing the game. Now that the game is over, I realize just how much money we could all make!

I have it all worked out. Its all about the graphs. You have to go onto yahoo and look at any companies graph. here is the key, if the graph goes up and down three or more times during the year, then you should invest money into it. This way you know its going to follow the same up and down motion. But you have to pull out when it goes up.

Most people have a problem pulling out. they get greedy and stay in too long. But as long as you pull out everything is fine. Then pick another company and place your profit (only the money you made on the first one) and play again.

Ok. So you could make thousands in a three month period, but we have a couple "problems". First of all, since you have now become a "day" trader, you have to return 1/3 of your profits back to the government. That is ok, because you made "free" money, so you can deal. The other bad thing is that we are too young!!! This is a HUGE problem. We have to be 18 to play. I seriously think the government should lower it to 16. What do you think?

Average Grade: B-

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	Noelle	25-Feb-05

I think that it is good that one can get into the stockmarket at such a young age (and even younger if your parents give consent). I think a lot of people are totally clueless on how to manage money and how to make it work for them. Better to experiment in the stockmarket as a teenager and lose a lot than to just start at age 30 and lose everything (which will probably be a lot more since you have the chance to be college educated). Furthermore, you dont even have to take a loss due to taxes once you reach a certain stage in the stock market, because you can put your money into corporation ds. When you have your ds protected by a corporation, the government can only take out taxes after you have spent however much you can by the end of the year. This is in comparison to the government taking money out in the form of taxes before you get to even touch any of it. The stockmarket is really great once you get used to it

	Theresa	29-Apr-02

my dad is the one who gotted me started in the stock market. he bought me lots of stocks in walgreens because thats the closest store near my house. me and my frends usually go there to see what they have and if we like anything. me buying anything from there benifits me too. i think u should ask ur parents if they no anything about it and have them u. its problably gonna be there money

	Julie	28-Apr-02

My teacher did that with our computer class. We used virtualstockexchange.com and finance.yahoo.com to look up the info. ragingbull.com is also good for info.

	Amber	04-Apr-02

I had to do that project to but it waz for social class

	Rachel	08-Mar-02

I have to do that project too, for my economics class. I think its a lot of fun, but my stocks aren't doing so well :( *Rachel

	Angel	08-Mar-02

I want a stock too but I barley know anything about it.

	christine	07-Mar-02

I had to do that for my accounting class which was cool it was a regional contest against other schools.. which was cool it does teach u when and how to invest your money .. but i would have to agree with sydney... teenager are crazy and we lost huge in out investments asa class because a stock that was doing soo well crashed.. soo it shows even thou it looks soo good it can be gone soo fast..

	Sydney	06-Mar-02

Actually, I would have to disagree. As a matter a fact, I wish they would raise it to 21... Teens are to crazy with money in the first place...money that there parents are mostly making. We need to first realize what money is and how important it is to us and the economy. When we don't realize that, then we of course blow $$, that's why I think that we should become responsible before we can risk the chance of losing thousands of dollars.