Where could $150 go in the Stock Market?

I'm 16 years old and very willing to invest in the Stock Market. I contacted my local Edward Jones and I'm trying to set up an appointment sometime in the near feature.

I don't know a lot about it except that I'd could by a few shares in one company or buy several shares in different companies. There's also things called "Mutual Funds" and stuff like that. There's a lot that I don't know but I'm very willing to learn it because I really enjoy this stuff.

So, what could I do with $150? What stocks would be good to buy as a beginner? How do the fees work for the broker? What will it be like when I talk to my broker?

Well, there are several more questions, but that's all I'm going to ask right now. I will be going to Edward Jones in the near feature, but I'd like to know some things ahead of time so I know what to expect.

Thanks for your help!

i was in your place too, im now 18, i opened a scottrade account they say you need $500 to start, i opened it with 100 and put more in as i went along, but i suggest $500, do your research alot, and expect to lose some, i would look at a online broker such as scottrade or another, look for cheap commision but also look for what tools they have and what hidden fees, in scottrade there is no hidden fees, and its 7 dollars to trade so 14 to buy and to sell all together, heres a code if you decide on scottrade like i did:VNQP7030 when in sign up process

I am a moderator for a community site kinda like face book for stock holders and researchers, its a 100% free site, non push site (we wont tell you to buy a stock to get us a gain), has a face book style design and a stock chat, its StockGoodies.com hope to see you there, Goodies4monkeys sent you
Source(s):
stockgoodies.com moderator Goodies4monkeys

scottrade.com trader 3 free trades code:VNQP7030

ok well hope all goes well, make sure they dont try to put alot of hidden fees, if you have more questions to ask me just send me a message on stockgoodies.com. goodnight and God bless Report Abuse

$150 is not enough to invest in the stock market, not even in a mutual fund. You should wait until you have at least $5,000 or so; until then, get some understanding of investing in the the stock market from books and websites.