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2006-11-19 18:30:08 · 3 answers · asked by Anonymous in Business & Finance Investing

3 answers

Of course the 1st responder is exactly correct. You will need a stock broker or if you are of a less ventursome nature perhaps instead a mutual fund company. Mutual funds allow beginning investors with somewhat limited resources to participate in the stock market without so much specific risk that buying shares in one or two particular companies entails. There are some very good mutual funds and there are many mutual funds that are not so good as is the situation with stocks also.

Fortunately, there are services that recommend both stocks and mutual funds and analysis their performance. Morningstar is one of these services. Most on line stock brokers and Yahoo finance have various tools to help one perform evaluations of stocks and mutual funds.

Another tool that has become very popular in the last 10 years is index funds. They are like mutual funds but all they attempt to do is match the performance of the market in general rather than attempt to pick good stocks to buy. Their big advantage is very low expenses which tends to be a very big advantage over a long period of time.

Those are several of the options open to you. There are others. You do not need a stock broker to buy mutual funds. You can purchase them directly from the mutual fund company.

2006-11-19 23:00:43 · answer #1 · answered by Anonymous · 0 0

Open an account with a broker near you.

e.g Scotttrade.com,

or visit this website: http://www.stockbrokerguide.com/

2006-11-19 23:37:24 · answer #2 · answered by StraightDrive 6 · 0 0

get a broker

or

www.computershare.com
www.sharebuilder.com
www.etrade.com

many others the list goes on.....

2006-11-19 18:38:01 · answer #3 · answered by hogie0101 4 · 0 0

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