Your teenager wants to invest in the stock market. They have $6000 sitting in an 'advantage saver'. What should they do? Roger Montgomery suggests this young investor seek out businesses with high rates of return on equity, little or no debt and bright prospects. The final step is to ensure shares in such businesses are acquired at prices less than they're worth. In this interview Roger also shares his suggested portfolio allocation strategy to minimise risk for this young investor and reveals why he was pleased by Credit Corps (ASX:CCP) full-year results.
Your Money Your Call was broadcast on the Sky Business Channel on 17 August 2011.
Visit http://www.rogermontgomery.com/ for Roger's step-by-step guide to valuing the best stocks and buying them for less than they're worth
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