
How can you buy stocks online?
I am thinking about buying stocks…I do not have a broker however I have heard that it is possible to do online.
Please advise me how I can do this.
Thank you in advance for your assistance.
There are a lot of online sites where you can buy stocks. Sharebuilder by ING has one of the best values and is often mentioned by Clark Howard a consumer advocate for their low cost of acquisition of a stock or mutual fund. They also do not have any monthly fees.
ETrade and Scott Trade are more higher tech sites. These work better for day traders who constantly buy and sell stocks. They still have a low cost for real time trades.
Also many banks such as Bank of America offers programs where you can buy online stocks through them. Also many credit unions offer this service as well.
Buying stocks can be risky and rewarding. Do your research. Watch a little Cramer on Mad Money. Look for value stocks and stay away from speculative stocks as a newbie for investing. You can play it safe a look up what Warren Buffet has been buying lately.
Make sure you have a well diversified portfolio and do not bet all your money on just a couple of stocks, Spread your stock bets on differing industries slash sectors. Look at your own purchases. There maybe a great stock tip on your last few credit card transactions.
Learn, enjoy and invest.
How To Buy Stocks Online With These Starter Websites
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