Things You'll Need:
- Bank account (checking or savings)
- Internet access
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Step 1
Do some research before you begin any investment plan. Sharebuilder offers over 7000 individual stocks, mutual funds and ETF's (Exchange-traded Funds), but you need to take time to learn more about the companies in which you want to invest before spending any of your hard-earned cash.
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Step 2
Visit Sharebuilder.com and browse the site to learn about their products, services and fees.
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Step 3
If you are ready to join, click on the Open an Account link at the top of the page. You'll then be asked to choose an Account type (Individual, Joint, Traditional IRA, Rollover IRA, Roth IRA, Education Savings Account or Custodial Account). You'll also be able to apply for Options Trading or Margin Borrowing (for more experienced investors). When you are finished making your selections, click Next at the bottom of the page.
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Step 4
You'll be asked to indicate whether you already have a Sharebuilder account. Assuming that you do not, click on NO, and then complete the personal information fields, including name, address, email address and telephone number. When you are finished, click Next.
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Step 5
Create your username, password and enter your mother's maiden name for security and identification if you should lose your username or password at a later date. Click Next.
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Step 6
Answer the questions about employment status, affiliations, and IRS W-9 compliance, then click Next.
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Step 7
Read the Terms of Service and Privacy Policy, and indicate your acceptance before you can open your account. Click Open Account to complete the application process. Now, continue on to Part 2 of How to Begin Investing with Sharebuilder (link in Resource Section)
Comments
Alrady said
on 11/24/2009 Thanks checking out part two! I am convinced that I am not a high risk person (not anymore)
jl5080 said
on 6/23/2009 Good so far, on to part deux!