Welcome to Nylee.com
Are You Tired of Trying To Increase Your Income But You Don't Have a Chance ?!!
When’s your birthday?
What do you want? Ever considered some stocks? That new
computer game or sneakers you want is guaranteed to be
interesting for a while, but will you be interested in it in
ten years? Or would you be more interested in lots of moula in
ten years? Consider buying stock as a birthday present. Who
knows? Your parents might even feel proud that they’ve raised
a foresighted child!
There are three key elements in investing:
Capital
(seed money)
Time
Rate
of Return on Investment (percent of profits or losses)
Since kids have time, one of the key elements in investing,
they have a distinct advantage over adults in the stock
market. With time, kids can ride out ups and downs of the
stock market in the short run, benefiting from stocks that
outperform other investments such as bank deposits, CDs,
bonds, and real estate in the long run according to market
research by Ibbotson Associates.
"True, we have time, but where do we get the capital or seed
money, another key element in investing?" You may think that
you need to be a millionaire to invest in stocks. This is not
true! There are ways that you can own stocks with as little as
$10, although $20 is better.
Finally,
the rate of return on investment in stocks can be amazing. If
it comes down to a choice between buying a video game or a
share of Microsoft stock, which costs about the same as the
game, you should definitely buy the stock. Here is why.
Adjusted for stock splits four times, a share of Microsoft
sold for $4.5 in October 1993. About 6 years later, the same
share is worth over $92. An 20-fold increase. How much is the
video game worth in six years?
Learning About Stocks
Technically, only adults can buy stocks. The actual buying and
selling of stocks is done by a broker at the stock exchange
for a commission. The broker charges his customers a
percentage of the purchase price or selling price.
In the Stock Learning Center, we will show you young investors
how to invest in stock and how to get around conventional
wisdom. In other words, you can still buy stock even though
you are not an adult. You can own stock with little money and
without a broker.
When you buy stock, you are buying a portion of a company. We
will show you how to pick stocks, evaluate companies, and
setup a paper portfolio to learn investing. We will also show
you how to keep informed about news events affecting the
economy and your investment companies.
Finally, we will show you how to own stock through some
unconventional ways, i.e. buying and owning stocks with little
money and without a broker.