2006-12-18 02:28:13 · 6 answers · asked by preeti s 1 in Business & Finance ➔ Investing
Your best option, if you do not wish to use a broker, is to purchase mutual funds. They can be purchased directly from the mutual fund companies. And I believe they all have web sites where you can study the funds and decide which to buy.
Other than that, there are very few cases where you can purchase stock without a broker. Those cases are referred to as DPS, direct purchase plans. Very few companies have them but some do.
There are many excellent on line stock brokers available that have very low brokerage commissions. TDAmeritrade, Etrade, Fidelity, Scottrade, TradeKing, and others.
2006-12-18 02:59:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
if you do not know what you are doing, I would advise you to not open an online account....you will lose all of your money. instead for the next 6 months learn everything you can about investing. buy books, watch cnbc, read investors business daily newspaper...you can also pretent to trade. just don't do it, if you like Nike write down on a piece of paper that you bought 500 shares of Nike and write down the date, and at the end of each week and each day write down the price and see if you would have been making money or losing money. good way to learn, investing is very hard but can be very profitable if you can ever figure it out. also buy a few good mutual funds and try to put money into them every time you get paid, call vanguard and they can get you started.
2006-12-18 10:52:08 · answer #2 · answered by besthusbandever 4 · 0⤊ 0⤋
Direct Stock purchase plans will fit your needs. This is where you buy direct from the company. Some companies have base amounts of stock you must buy, some have minimum dollar amounts. Look for the web sites of the companies you deal with and see if they offer DSP (direct stock purchase) plans.
2006-12-18 20:25:08 · answer #3 · answered by Richard D 2 · 0⤊ 0⤋
Hi,
1. You should open trading account with brokerage company.
2. Deposit funds.
3. Trade online.
If you are interesting to open account I could introduce you to brokerage company that allows to trade frome the same account cfd on shares, commodities, metals and currencies; total 500 instruments available. PM or email me (press my name) and I provide you with further information.
2006-12-18 10:46:58 · answer #4 · answered by VP 3 · 0⤊ 0⤋
get on the web and go to scottrade,,,there trade are only $7.00 a trade .... make me some money tooo
2006-12-18 10:31:56 · answer #5 · answered by yome 3 · 0⤊ 0⤋
Here is how to get started..
http://ibooyah.com/blog-mt/mt-search.fcgi?IncludeBlogs=1&search=getting+started
2006-12-18 16:44:06 · answer #6 · answered by Anonymous · 0⤊ 0⤋