How to Buy Stocks Now
Stock ownership and stock trading are two great ways to generate wealth. Buying stocks doesn't need to be overly complicated, but some prudent planning should be done. Smart investors use quality research tools and do business with low-cost brokers to maintain maximum profits. With a good bit of time and some hard work, almost anybody can buy stocks now and sell them later for a profit, but always remember that investing is risky.
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Instructions
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Sign up for a brokerage account. Many discount brokers offer inexpensive online accounts to buy stocks with.
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Research your stock picks. Try an investment research service such as Investor's Business Daily or Morningstar.com (Morningstar even has a free account).
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Transfer cash into your brokerage account. To buy stocks you'll need to transfer funds from your checking account into a money market fund at your brokerage house.
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Pick your entry and exit prices. Every good investment is well planned, and stock trading is no different. You'll want to specify prices at which you wish to buy and sell your shares.
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Execute your trades. With some good research in hand and well-defined buy and sell rules, now all that's left is to make some successful trades!
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Tips & Warnings
Investing is risky, so consider using a practice trading account on such a site as marketocracy.com before you risk putting up your own capital.
