How to Buy Stock From the ING Direct Company
The stock market is a popular way for individuals to invest their money and, hopefully, watch it grow. An increasing number of individuals are choosing to manage their portfolios themselves rather than using the services of a professional investment broker. ING Direct offers customers who wish to manage their own investment portfolio several options for doing so. The company supplies investors with relevant stock market data.
Instructions
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Visit the ING Direct homepage at http://home.ingdirect.com. Click on the "sharebuilder" link. When the pop-up window opens informing you that investment products are not FDIC-insured, click "Continue" at the bottom of the page.
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Click the "Get started" link on the next page that loads. If you are already an ING Direct customer, log in using your ING account information in the area provided.
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Follow the directions on the screen to select the type of account you would like to open. Individual and joint accounts can be opened as well as IRAs and accounts for children. You may also elect to apply for options trading and margin borrowing.
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Input your personal information by following the directions on your screen. Be aware that you will be asked to provide your Social Security number for tax-reporting purposes. You will also need to provide day and evening telephone numbers.
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Choose your desired pricing option. ING Direct offers a basic program, a standard program and an advantage program. The basic program offers individual transaction fees for new investors while the standard and advantage programs require users to pay a monthly subscription fee.
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Link your ING account with another account so you can transfer money into your ING account when you wish to make trades. ING offers users the options to set up automatic recurring trades, invest in no-load mutual funds and participate in real-time trading.
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Tips & Warnings
Remember that these investments are not FDIC-insured and could lose value. Investment decisions have tax consequences. Be sure to talk to your tax professional before investing. ING Direct's help screens and FAQs are easy to use.