How to Buy Mcdonalds Shares for Investment

McDonald's Corporation is a fast food restaurant known worldwide for signature fries and Big Mac sandwich. Founded in 1948 and based in Oak Brook, Illinois, the company boasted more than 31,000 restaurants at the end of 2008. Purchasing shares of McDonalds' stock is relatively easy if you know the stock ticker symbol. The only challenge is figuring out how many shares you can afford to buy.

Instructions

1. Go to Yahoo! Finance. It is the most popular investment research site on the web according to Alexa.com.

2. Enter the company's stock symbol, MCD, into the "get quotes" box.

3. Click "Get Quote." This will provide you with a summary of key statistics for the company, including the current market value of one share of stock. As of Dec. 1, 2009, the current share price is $63.50.

4. Compute how many shares you can afford to purchase. Divide the amount of money you can afford to invest by the current share price for an estimate of the number of shares you can afford to buy.

5. Contact your broker and place a limit order (as opposed to a market order). You will need the ticker symbol, the number of shares you wish to purchase and the price you would like to buy the shares at. If you decide to enter a market order, the broker will purchase shares at the best available price.

References

• Yahoo! Finance: MCD

Resources

• Yahoo! Finance