2007-01-07 06:18:42 · 4 answers · asked by Nick J 1 in Business & Finance ➔ Corporations
Find a broker. That may be your local bank, or you may prefer to open an account with an online broker (TD Ameritrade is excellent).
Open an account with your broker. You will have to sign some application papers and provide evidence of your identity and where you live. Then you pay a cheque into the account so that you have some funds to trade with.
Now you're ready to buy stock in McDonalds or Disney. Decide how much stock you want to buy and give the order to your broker. It really is that simple.
Please always use a LIMIT ORDER to buy the stock (specify the highest price you are prepared to pay). To many small investors place a MARKET ORDER (buy at any price) and then get ripped off by professional investors who sell the stock at a very high price.
2007-01-07 09:02:22 · answer #1 · answered by popeleo5th 5 · 0⤊ 0⤋
You can set up an account online with companies like Charles Schwab, make a cash deposit and purchase the stock. Alternatively, you can set up an account with any stockbroker and do the same thing.
2007-01-07 07:37:02 · answer #2 · answered by Flyboy 6 · 0⤊ 0⤋
Check out INVESTools. They are a great investing company. Avoid firms like Morgan Stanley - they take your money and do whatever they want with it. You have little to no control over your own trades. With INVESTools, you do.
http://www.investools.com
2007-01-08 19:26:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Just google BUY STOCKS ONLINE and youll get lots of options.
2007-01-10 06:03:05 · answer #4 · answered by only1poohbear 3 · 0⤊ 0⤋