Opening a Stocks & Bonds Investment Account

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How to Invest in Bonds & Stocks in a Bear Market....5

Opening an investment account with stocks and bonds means going to a local discount broker or a major brokerage firm and discussing how much money is personally available to invest. Discuss investment plans with a broker with help from a personal asset manager in this free video on the bond market and money management.

Part of the Video Series: Bond Market
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Video Transcript

Hello, I'm Roger Groh with Groh Asset Management. Are you looking at the recent decline in stock prices and thinking oh boy, there's value there, I want to be a buyer? Then you start to think about how can I do that? Well the easiest thing to do is to go either online or to a branch of your discount, local discount broker, or a major brokerage firm in your community where there's somebody who's very knowledgeable who has been through market cycles that can help you make decisions, or better yet, avoid bad ones. What they will do is to give you a piece of paper and ask you who you are and what you do and how much money you have and how much money you plan to invest. And they will begin to qualify for you what they will permit you to do at their firm. The idea is that they want to get paid and they want to be sure that you have sufficient funds in fact to pay them for any transactions that might occur at that firm. Once you get that paper, they'll ask you to checkoff what you'd like to do. In this case, you checkoff stock, you checkoff bonds. Perhaps you wouldn't checkoff commodities or real estate or options or other investments that may be available through that firm. Just checkoff stocks and bonds. And at that point you're free to go, but be careful, you might practice first before you leap. I'm Roger Groh and thank you for spending a few minutes with me.


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