The Motley Fool Investment Guide for Teens

[LaramieJC]

Open a Roth IRA if you are earning money from employment each year. Put your money in SPY and don't touch it. I started investing in 2000 when I was 18 and decided that I didn't want to settle for "average 10% returns" so I invested in my brokers recs - LU, GLW, NOK...I lost 6K or about 60% of my portfolio. That's a tough pill to swallow but it was a good lesson learned. Take the 10% reinvest it, make your yearly contributions, and be happy. Don't try to outperform the market if you don't have the time or knowledge to do so [img]/images/graemlins/wink.gif[/img]

JC