How to buy and sell share(s)?

Question

I have never done this before and have no basic training in doing this but really want to invest a bit of my income. Please help explain. Really appreciate.

Answer 1

If you plan to do it on your own, then you should open an account at a discount broker like TD Ameritrade or E-trade. It'll cost you around $10 per transaction. A transaction can be 1 share or 1,000 shares. At higher amounts, like 10,000 shares, the price goes up. However, this last point is mute because most people can't afford to buy 10,000 shares of a company unless the share is a penny. A transaction can be for a buy or a sell order. You can buy stocks, ETF's and mutual fund shares. You'll probably want to use trade triggers. You log into your account. You must understand shares of stocks are constantly changing. You can do a market buy which allows you to buy the stock at whatever price it happens to be at the moment you requested (assuming 9:00AM - 4:00PM). The market closes at 4:00PM so if you place a market order at 6:00PM you'll get the pay whatever the price is at 9:00AM the next day. You're better off w/ triggers because you can set a price you want to buy at or sell at. You can set a buy triggrer for 100 shares of Hasbro at $25. The moment the price hits $25, you'll get it for $25. However, Hasbro could be hot and the price climbs to $33. Your trigger will never hit until the price falls back down. Then, you'll want to sell it at profit. Set the price trigger at let's say $30. If the stock hits $30, you make a $5 profit per share (100 shares x 5 profit). You'll want to set a sell trigger at let's say $22 (remember you bought at $25). You should set another sell at a price lower than your original purchase price because stocks can fall and do fall. This action prevents you from lossing all your money. In this situation, you'll loose $3 per share in a worst case. It's better than lossing all your money. At one time Lucent sold for around $100. It currently sells for around $2 a share. A stop loss is a good thing. You'll want to open a ROTH IRA account w/ the discount broker. It'll protect your money from the evil IRS :) Hope this helps. It seems like your new, I would suggest buying ETF's. You can buy and sell them like stocks, but they are generally less risky. Find one that copies an index. Here is a small sample from Vangurd.

https://flagship.vanguard.com/VGApp/hnw/FundsVIPERByType

You'll want something like the Total Stock Market ETF (VTI).

Answer 2

Find a good financial adviser if you are talking about a lot of money. You can learn about the stock market on line. Motley Fool .com is a good site with sound financial advice. Check it out. Nothing complicated and they are not a paid service. I use sharebuilder .com to build and sell stock. You can a whole share or a piece of a share there. I do not invest a lot, but I do make some money. They also have a money market program to invest into that pays decent interest. But educate yourself. What are your goals? And what risk are you willing to take? Read up before you start. And enjoy it.

Answer 3

stocks can cost any volume, so £one hundred is lots at the moment. percentage values are replaced through how a lot people are providing of the inventory market. this signifies that stocks would substitute dramatically, inclusive of monetary company stocks which at the instantaneous are more often than not decrease than £a million, or would substitute little or no. on the top of the monetary 3 hundred and sixty 5 days, a organization makes a call how a lot to furnish to percentage holders, and that volume is split between all shareholders. This volume is from internet earnings, it is the last earnings after all costs were taken out of the take advantage of sales etc. If a organization does no longer make any earnings then shareholders are not any further issued any money. in the previous figuring out to purchase stocks you want to discover how a lot earnings a organization makes in a three hundred and sixty 5 days, to study in case you'll receive a percentage of earnings. Secondly, examine what number stocks the organization has already issued. If a organization has allot of percentage holders, regardless of in the adventure that they have got a huge earnings you would no longer receive any money. the most suitable aspect to judge, is that in this monetary climate, many businesses are liquidating. at the same time as this occurs, shareholders hardly ever get there money again.

Answer 4

If you are in India, I can guide you a little separately. If you are in some other countries, sorry that I can't help you.

Basically you need to set up an account with a broker. You also need to open a Demat Account which is available from many banks and financial institutions etc.

For those who are new, it is better to invest money in Mutual Funds instead of directly investing in equities.

I am giving the above so that others can also gain some benefit from the answer.

Answer 5

buying and selling shares is a big risk!! this is not an investment unless you really know what your doing. it takes a lot of time to look up companies, research, and you have to keep up to date with the company's stock and events. but if you really want to do this i would recommend finding a financial advisor, preferrbly someone who also invests their own money and time into that particular stock. instead of investing in one company, you can also consider buying mutual funds which is safer but does not yield as much of a return.

Answer 6

Look for an online broker (I use tdameritrade http://tdameritrade.com/welcome4.html). Sign up, and purchase stock. Good luck

Answer 7

Online .