I will be coming into some inheritiance money upon my turning 18 soon, and I don't want to be a trust fund baby and squander it on pointless stuff.......

So where can I learn to invest (starting small initial invesment of 100-500$) just to learn the basics and then move up higher and higher?

Is there some kind of online simulator for stocks?

You're young and appear to want to save. If this is the case, I would look into Quality No-Load Mutual Stock Funds. There are some you can open up with as little as $500, some even less. Just look at their rates of return over different time periods and make sure there is proven management behind the fund. There are a ton of good funds in Fidelity as well as others.

What is a Quality No-Load Mutual Stock Funds? I'm new to investing and someone needs to hold my hand :-)

I was wondering about the same thing, is there anyone who can explain this kind of thing a bit more? I've tried looking online but its all a bit beyond me to be honest

A no-load is a type of mutual fund that doesn't charge extra fees at purchase or sell of stock. Some companies charge a fee up front to join, some charge a fee to sell up and leave, both of which are known as front and end loads.

I don't know what Mutual Low Stock Funds are either?

However, my advice would be to start with low risks investments. This does mean limited profit, but it is a good way of gradually building investments and not risking everything.

If you aren't very familiar with these kind of stocks, better to start with something you really know of and invest less. Never spend what you can't afford to lose. Another advice: diversify your funds.

If you are beginners always remember take stop loss and trade wisely..exit is better than going on loss.