buy stocks without having to put down a deposit first? is that possible?
2006-11-22 10:02:18 · 3 answers · asked by june.thirteenth 2 in Business & Finance ➔ Investing
You might check with your bank. They might purchase stocks for you. Actually, there is a 3 business day settlement period for stocks. That means you have 3 business days to pay for your purchase. The deposit that you refer to is rather a requirement of most on line stock brokers to make sure that they will not be stuck with an unsettled account for which if they have to liquidate it they will not suffer a loss.
2006-11-22 11:56:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
To buy stocks, you need to have money in a brokerage account.
There is no down payment involved. Sound like you are really new to this area, check out http://ibooyah.com for general investment ideas and to learn more about the stock market.
2006-11-22 10:56:41 · answer #2 · answered by buklao 3 · 0⤊ 0⤋
hey thanks for the stupid answer im the one with the Nokia 3200 that wants a video player your so stupid and your ugly to! your picture looks like ****! so does your face if u want to say more please email me BRING IT ON *****! oh and buying stocks honey your way out of your league! i bet your like uh duh whats a stock?
2006-11-26 06:30:32 · answer #3 · answered by Gerard Way is the Boss 3 · 0⤊ 1⤋