How to Buy and Sell Stock Through ING
Through ING, it is possible to buy and sell stock with very little money. Buying and selling stock through ING is done through their ShareBuilder services. ShareBuilder enables investors with small amounts of money to buy and sell stock, and build an investment portfolio over time. Buying and selling stock through ING can be done online by logging in or the investing can be set up to be automatic.
Instructions
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Open an account at ING's Sharebuilder.com web site. Deposit money into the ING account by making a transfer from a checking or savings account.
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Determine which method will suit your investment needs when buying and selling stock at ING. Click on the Trade tab to review the options for buying and selling stock at ING. Choose Real-Time trades for time-sensitive stock buying. Invest in stocks by setting up a trade that will automatically invest money from a bank account. Or choose a mutual fun investment option or the options trading.
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Research stocks and companies online before buying and selling stocks on ING. Search for a stock symbol by name on ING if you do not know the stock symbol. Browse the tabs of Top Stocks, Top EFTs and Mutual Funds to get some ideas on which stocks to buy and sell on ING.
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Choose Automatic Investment Plan to make a recurring investment. You can also use the Automatic Investment Plan option to trade or sell stocks at ING one time. Click on Add by Symbol in the Automatic Stock Plan.
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Add the stock symbol in the Symbol box, and a number in the Amount box. Click on Add to Plan. The stock buy will appear in the list of automatic investments. Save the automatic investment. Turn on the Automatic Investment Plan.
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Real Time Trades may also be used to purchase stock. Under Trade choose Real Time Trades. Click on Sell. A pull-down menu of your current ING stock holdings appears. Choose the stock. Type in the number of shares to sell on ING. Click on next and save the trade.
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Sell stock on ING using Real Time Trades. Type in the stock symbol, and the number of shares to buy. Add in the current Real Time trade fee which appears in the Order Type Box. Click on next.
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Verify the real-time trade order is correct. In the next window that appears, the Real Time Trade order appears. Cancel it if it is incorrect. Place order if the sell information is correct.
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Tips & Warnings
Use the automatic investment option to pay yourself first, and build your portfolio.
Options trading is only available on certain ING accounts.
Do not forget to turn the Automatic Investment Plan off if you only want to control when the stocks are purchased.
Not all stocks are available on ING's Sharebuilder.
Resources
Comments
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Athenable
Oct 03, 2008
Nice article, ING is great. -
Athenable
Oct 03, 2008
Nice article, ING is great.