How to Invest in Individual Stocks

Video Transcript

"My name is Phillip Beningoso, I'm an investment professional and I'm going to be discussing how to invest in individual stocks. First let me say that investing in stocks is quite risky, depending on the kind of things that you buy. Again there are more conservative types of stocks to select in, but in every investment you can lose money, and you can lose a great deal of money. First, it's an exhilarating experience to be able to participate in the ownership of companies. And looking to invest in the stock market, you need to discover some individual things about stocks themselves. So let me take you through a few quick steps here that may make this process easier for you. Step on is choosing an online brokerage company to make your stock investments. This is a pretty simple process. You need to go to their websites, and you can go to many financial websites to see the kind of advertisements even that are there. Advertisements from companies such as ETrade, or TD AmeriTrade, or ScotTrade, or Charles Schwab for instance.There are inexpensive brokerage firms that can provide this for you, this type of service. Two, to set up an online account with one of those companies or many of the companies depending on how you feel. Three, learn about the stock market, spend some times getting familiar with how the stock market works. Four, talk to people that have knowledge in the stock market. This can be a great benefit to you and great insight. Five, fund your online account. Six, is to decide on the stocks to invest in. This requires a great deal of research. Most of these companies have a set on their website that can provide these research reports that are from Standard Reports, August and many other companies that are not biased information. Seven, invest in the stocks online. Eight, set up a safe guard for your stocks or a selling point that you feel comfortable with. If you've lost eight percent or ten percent that's pretty much where you want to sell it. Nine, set up an order, and this requires again some information about the market such as market order, stop order, limit orders, and getting familiar there. A way to see how your investment does and then starting over again. Any information provided here is for general informational purposes only. It should not be considered an individualized recommendation or personalized investment advice. Any investments or strategies mentioned here may not be suitable for everyone. My name is Phillip Beningoso and I'm an investment professional."