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Friday, June 18, 2010

The Collateral

To do ANYTHING on the market you need to have money, sometype of money and something that can back up your money with.

Mainly this means you need a source of cash.

That could be Mommy and Daddy's allowance to your own business or job.

Personally, I have my own business. A Lawn Care business (www.zippzs.com). I look at business as the best way to make that cash because you have control over how much you get and exactly what happens.

Some Business ideas:

- Lawn Care/Mowing Business
- Computer help/repair Business
- Lemonade Stand (if you do a good job you can actually make something!)
- Fresh Produce Stand (have a garden....?)
- Leaf Removal
- Internet Businesses ....

There are so many types of business's you could have as a Teen.... Check out JuniorBiz Money Making Ideas this is a great site with tons of resources on how to start and "work" your business.

Option 2

Work for someone. The Restaurant down the road?

You get what I mean.

Option 3

Use your parents money. Most teans get an average allowance of 35$ a month, in a year that can add up.. Just do the math...

There are virtually unlighted ways to make money,these are some of the most popular waysnto get that "collateral" to start & support that investment account of yours.

Look out for our next post soon!



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Thursday, June 17, 2010

Why I Created this Blog....

I designed this blog because I wanted to teach Young People like myself how interesting and very rewarding the art of investing is...

Investing for me is not only "making money" it's also an art, you have to learn the skills of the trade to do anything. You need to learn how to do Research in a different way, Read into things like an investor, Learn the bells & rings of the art, the vocab associated with it. In this blog you'll learn all this and much much more.

This "trade" is one of the "funnest" things to do and it's something that will define your financials now and for the future.

And the first thing we need to talk about is how to get the cash to start out.

Look to the next post for info!