how do i make a stock purchase online, and what documentation do i receive of my purchase?

Answer 1

You need to first sign up with an online broker like E*Trade, Ameritrade, etc. Once you do, you must deposit some cash for investing. Check the information on their website for the minimum opening balance (can vary whether you want cash account or margin).

Once your account is funded, you purchase stock via the web interface of the broker. They will keep track of what you own and offer ways for you to see how much you have made and lost on each position. Most web brokers have a variety of reports you can create on your account.

At the end of the year, they will send you a form 1099 for taxes. This will either be in paper form (postal mail) or available on their website.

By the way, brokers use encryption and login ids/passwords to protect your information.

Answer 2

open the brokerage account with the money as scottrade,etrade,ameritrade. the buy whatever stock you want. you received the email confirmation