Where can I buy stocks online with out having a big bank account. i love stocks their my passion and i want to start investing can some one lead me into doing that please.....!
2007-02-23 07:09:27 · 6 answers · asked by g_ramirezjr 1 in Business & Finance ➔ Investing
Look up the company that you want to purchase stock from and see if they offer a Direct Stock Purchase Plan or a Dividend Reinvestment Plan. There are a lot of them out there. You can save on commissions this way as well.
The link below has some.
2007-02-23 07:17:00 · answer #1 · answered by R Worth 4 · 1⤊ 0⤋
IF you don't have a big bank account don't bother investing in stocks. You can never properly diversify your portfolio. If you had something like 40 or 50 thousand you could do the stock trading thing. anything less than that and I would reccomend mutual funds.
With stocks, With every trade you make there is a fee. If you don't have alot of money, the fee will be prohibitive. It would make no sense to buy one share of stock for 100 dollars and pay an 8 dollar trade fee. you would be down 8% right away. And that's only one stock. If you buy 5 or 6 or maybe 20 different stocks..You can see how you would be losing money quickly unless every stock you pick is a big winner.. and that isn't reality.
2007-02-23 15:17:21 · answer #2 · answered by Louis G 6 · 0⤊ 1⤋
Best stock nowdays is cien going like a rocket. Dont buy on-line. The charge will kill your dreams.
2007-02-23 15:12:27 · answer #3 · answered by makemeyourloverhun 2 · 0⤊ 0⤋
I'm partial to Sharebuilder.com
2007-02-23 15:11:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋
you can go to www.saxotrader.com
you can send me the money and i will invest it to u in middle east
00971502672674
2007-02-23 15:12:01 · answer #5 · answered by simon_sez28 2 · 0⤊ 0⤋
TD Ameritrade. (You only need $2,000.00 USD)
2007-02-23 19:49:39 · answer #6 · answered by Anonymous · 0⤊ 1⤋