I worked my arse off this summer, and made a lot of money for a teenager. Between that, a small scholarship, and a matured bond, I have nearly paid my entire year tuition room and board--and this is before I start reffing hockey games.
As it is, I currently have what I consider a lot of money just sitting in my bank account (a lot for a college kid). I'm interested in getting into the stock market. After listening to my dad talk about stocks for years, I already know the basic do's and don'ts, buy high and sell low, or somethin' like that
. I think I'll be okay with what I choose to invest in, especially because it really isn't that much money.
What I need to know is how to do it... Should I find a broker? Use an online service? How much do these things cost? How do they work?
As always, thanks for the wisdom.
. That said, most of my "investments" have two or four wheels, half of them don't work and the rest of the money is either a house that is losing value or in various tax-efficient savings accounts. OK, I do have a little money in stocks via an index tracker ETF, but that's it...
