Anthony Churchill answers:

I can give you information that will help you skip over the 12 years learning curve where you would be losing your money over and over again. The stock market is set up on a 90/10 scale. 10% of the people out there make the money and everyone else (90%) donates to them so they can build their houses and buy their cars and property.
I started out in the stock market in the mid 90s and made a lot of mistakes and then I suddenly found out what works and what doesn’t. I have learned how to make money in the stock market. He res a synopsis of what doesn’t work:
1. Dint try to play the news. The pros on the floor get the news before you do at your laptop online. They have services such as First Call, and other immediate news services. Also the guys on the floor hear the rumors before you do. Basically what this does is the stock already moved before you even got the news, too late.
2. Penny Stocks. You might have heard about someone who made a mint in penny stocks. He bought 10,000 shares at .03 apiece and suddenly the stock jumped to 3 dollars a share and he bought a new car or a house. This is ultra rare. Usually you will buy a penny stock for .07 a share and then it will go down to .03 a share and stay there for a year.
3. You try to do momentum plays. If the stock suddenly shows up on the ‘most up’ lists for the day you think that you can join up with the momentum and make money too. But by the point YOU see it on the lists, the pros are already starting to sell it. You buy it and the stock starts to drop.
4. Rolling penny stocks? No. Everybody wants to buy at the bottom of the roll, no body wants to sell at the top of the roll.
5. You try to daytrade, fighting the market makers and screw them out of thier bid and ask spread. Not going to happen. You are up against a professional who makes his living doing this.
6. You learn technical analysis. But this takes about 6 years to master.
7.You try giving your money to a pro…most money managers dont make money during down years. As a matter of fact they can lose quite easily.
8. You can follow stock pics from the Wall Street Journal or IBD but then everyone sees those pics. You would be one of the 90%. Those pics, unless they are forcasts, show stocks that are currently hot. As you see them pros are dumping them.
9. You try to catch a ‘falling knife’. A stock drops big because of news so you buy it because you think its cheap. Yeah but there was a reason the stock went down, a fault in the stock itself. So it keeps bleeding after you buy it and then it keeps dropping. Then it gets downgraded and drops more.
10. You tried options. Most people dont know how to do them right and most people lose at options. Heres why. A) you buy an option that expires at a certain time (they all do) and the stock goes down, your option goes down. B) you buy an option and the stock remains at the same price and is flat. The option time erodes and you are left with nothing. C) You buy the option and the stock price soars. You are estatic because the stock price made your option triple. Sell the option? Hell no, it could go up more! So you hold it. The problem with that is they all expire worthless if given enough time. So you hold hoping for even more money then the price goes down. You lose.
12) You move your money around in one big pile. Investing 100% of your money all at one time is a big mistake because that one time when you have a catasrophic loss from one trading mistake is the time you are done. Always have different piles for trading down or up.

Well that is my two bits and I suggest that you follow this if you want to learn and make money. Site I have this from is below.

Anthony Churchill answers:

I’ll be honest with you, there’s not a ton of options that you could do at your age. But there is a lot of options that you could do to get more money though… Here’s what you could do:

1) Collect any spare change you find on the ground and put them in a jar

2) Is there any Neighbors or adults that knows you and trusts you?? Offer them to water their plants or feed their animals if they’re gone for a little while.

3) Collect Cans and bottles, then go to a Recycling Depot. A lot of those depots will give you a little of money for all the cans and bottles you give them. (I recommend you get an adult that you trust to help you with this to make it easier for you)

4) Sell something that you don’t need or use all that much.

Anthony Churchill answers:

Weekend part time jobs? Are you in school full time?
Try Craigslist jobs. Sometimes people need help mowing their lawn or moving their furniture but be wary of scams.

Anthony Churchill answers:

Sunny,
Many, many, many people need to make money these. There are millions of places to make money on the Internet. The problem is weeding thru the good stuff and the bad stuff. Also there is no such thing as “easy” work much less on the Internet. Just about 99% of the sites, the blogs and the articles are trying to sell you something. Whether they admit that fact immediately or not. Just as in other parts of life, nothing much comes free. There are a couple sites that I have tried that I will recommend to you that I have tried. Obviously you can decide whether you are interested. There is a nice niche on the Internet called the Work At Home Mom or Work At Home Dad programs.
Do a search on the Internet for either of the above phrases. There are sites that are online that will assume you know nothing about the Internet, which everyone goes through the same phase so no big deal. I suggest you go to a few of those sites, look around and see if they feel like something you want to learn about. Most of these sites have free membership, some require a monthly fee or a one time fee. But they will work you thru very slowly how to get started on the Internet.
It really is an exciting time to get involved on the Internet. Tons of information out there.
Check them out and have fun and Good Luck.

Anthony Churchill answers:

Start selling products or services