How to buy stocks online

By seashore

Rate: (5 Ratings)

buying inexpensive stocks online using a standard bank account and an online money market account. The money mkt acount is used to fund the brokerage account

Instructions

Difficulty: Moderately Easy

Things You’ll Need:

  • bank account
  • money mkt account
Step1
go online to a company like sharebuilder.com or many other online trading companies
Step2
sign up for a money market account these are averaging 4% interest This is done with a minimum amount of time. you will need bank routing no. ssino. and bank account no.
Step3
Give all required info and you now are on your way to investing online to your future. Once you have an account you can research over 5000 companies that are traded publicly. It is best to start small and make all your mistakes early so you can learn from them after all experience is our best teacher.
Step4
always choose a company that will let you purchase portions of stocks and that don't charge inactivity fees if you cant invest at a certain time .

Tips & Warnings

  • check to see if company has a minimum investment policy
  • research all companies that will best fit your needs

Resources

Comments

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Diablo2

Diablo2 said

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on 1/3/2008 This article could use some more detail, but it's a GREAT article nonetheless; it is a good stepping stone for anyone looking for initial guidance, such as myself. Thanks!

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eHow Article: How to buy stocks online

Article By: seashore

seashore

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Category: Personal Finance

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