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Investing at 16

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With the current colapse of the us economy stock prices have gone down very far, im 16 and I was wondering if I should buy stock now, I've looked into mutual fund before but never comited to anything, now that stock is cheap does anyone know a good company they have little doubt will go under but I could buy a reasonable amount of stock from to make a profit later on.

Im pretty sure its the kenedy family that bought tons of stock during the great depression and that is what lead to their current wealth.

Please help if you have a lot of stock experince