2007-01-23 18:51:50 · 2 answers · asked by Slut4Points 3 in Business & Finance ➔ Investing
You can purchase stocks by openeing an account either online or in person with any of the reputable brokerage houses. If you open an IRA or Roth you will have a great many options and tax breaks as well. This will enable you to buy specific stocks or give you the option of buying baskets of stocks and even funds that may represent the sector or industry that appeals most to you. You can also purchase stocks directly from the company itself. You will have to research these companies because they do not all offer that option.
Whatever you do do not buy on tips or sales pitches. There is no such thing as easy money and you will have to do your homework to find the stock(s) that might be best suited to your needs. I strongly suggest mutual funds.
2007-01-23 18:58:15 · answer #1 · answered by Scott O 3 · 0⤊ 0⤋
Discount brokerages are a good start. Not too scary. Charles Schwab worked very well for me. Look around, but look for a place that has a brick-and-mortar place nearby with real people. The on-line stuff can come later when you're more familiar with transactions.
And, of course, never buy from an email recommendation.
2007-01-23 19:03:32 · answer #2 · answered by Boomer Wisdom 7 · 1⤊ 0⤋