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Tuesday, January 16, 2007

How can a teenager earn money for investment without asking her parents for an allowence? -

I have read this book on investing for Teens, and i really don t know how to earn some money without asking my mom for some serious cash to invest.________1. Get a job. 2. Get paycheck from said job. 3. Instead of blowing cash on typical teen things, invest said cash. 4. Realize many investments require you to be 18 years of age to invest.________Get a job.________Under the age of 18, you will need a parent to act as a custodian (and you better trust them with that fiduciary responsibility). Look at mutual funds. Don t fall for all of these internet scams that seem to plague Yahoo Answers.________Don t invest money. Try ebay through your free blogs and also try some good paid survey for teens. After doing such work in 6 to 8 month u have gather some experience for future investment. For detail about ebay and good survey site please visit http://www.emoneyinfo.info Best of Luck. Gora.________stay away from mutual funds first off, mostly becuase if that is what you do you will never learn how to really invest, as far as getting money, think outside the box, sell your old books that you won t read again back to a store. I wouldn t suggest investing a lot of money in the stock market right away, so just start with a little. You could probably babysit or wash cars to make some money. There are some good books on investing at www.novelwagon.com if you get into it.

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