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stockmarket


Question Posted Monday June 11 2007, 6:08 pm

im 15, if i wanted to buy shares in a company would i be able to? and how does it work, if they make profit, i get money, and if they make a loss, i lose money? and how do i actually recieve money? thanks a lot.

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theymos answered Monday June 11 2007, 8:33 pm:
You can, but your parents need to sign some of the paperwork.

If you buy a share of some company at $15 dollars, and they are successful, the price of the shares will go up(to $20, for example); if you wanted to buy more shares you'd have to pay $20 instead of $15. You can then sell your shares for $20, and you've made $5 profit per share. You have to actually sell the shares to make money, they don't just send you a check.

You want to buy when the company is doing poorly, but you think they will make money soon. You want to sell when the company is doing very well, but you don't think they could do any better. Take a look at this:
[Link](Mouse over link to see full location)
A good time to buy would be Jun 8, a good time to sell would be Jun 11.

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