Post: This could change my life! >:) (This could help me make Millions of £££!!)
12-06-2008, 08:26 PM #1
JABZ13
Samurai Poster
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Can someone tell me how the Stock Market Works? (FTSE)

I can't seem to get my head around it beacuse you type it in on Google and it comes up with all these long words that have no meaning to me.

So i would like someone to create there own pice of text on how it works so i can understand it, im only 14 and i don't have a clue...

So please come someone help me out?

Now your probly asking why?

Well i want to undersatnd this beacuse my dad's mate started studying it and he has made millions. Now honestly you should see his house! And if you think his house is something you should see his backgarden its like 5 miles big!

So i would realy like to understand the stock market so PLEASE HELP ME!

-Jabz
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12-06-2008, 08:28 PM #2
Um, well he didn't get millions just because he studied it. He probably invested money in the right ways. And he probably invested a lot of money which you urself probably don't have.
12-06-2008, 08:38 PM #3
Invest money..... lose a lot more
12-06-2008, 08:55 PM #4
first of all you need to know how to make a spreadsheet, i suggest making one of a few different stocks and tracking them for 12 months, seeing when their stock peaks and when it falls, the following year invest small amounts of money when they are at their low amounts and sell them when they are at their high amounts.

The stocks are the biggest risks you could ever take chances of you making millions right now are like 1 in a million due to the collapsing markets around the world.
12-06-2008, 09:23 PM #5
elfmotat
Rᵤᵥ - ½gᵤᵥR ∝ Tᵤᵥ
my dad's a stock broker, and if you ask him or anyone else that's qualified right now, they'll tell you right now's the worst possible time to invest in anything because the market is only going to get worse.
12-06-2008, 09:26 PM #6
why do you care so much, your 14
12-06-2008, 09:36 PM #7
BA-SHELLEY
NGU Oringnal
Originally posted by lumsden28 View Post
why do you care so much, your 14


Because he wants to me a millionaire.

Well don't we all want to be a millionaire. I recommend you should do business in school and from there try out stuff.
12-06-2008, 09:58 PM #8
AgentJon
Former Staff
my quick rich theme= win the loto!
12-06-2008, 11:54 PM #9
Originally posted by SHELLEY View Post
Because he wants to me a millionaire.

Well don't we all want to be a millionaire. I recommend you should do business in school and from there try out stuff.


well of course everyone wants to be a millionaire,its just i find stock and all that for business people or people with fulltime jobs or somthing idk. I also think its a bad idea if you dont know what it means and i dont know what it means
12-07-2008, 12:18 AM #10
xJCMx
League Champion
LOL.By the way your 14 so you don't really need to know how to do it yet cause you can't but 5 dollars in a stock.lol! Ask your Dad's friend!

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