how to buy stocks??

Question

Where do I go to buy stocks? And How much is the fee usually?? Thanks to all for your help.

Answer 1

I use Scottrade. I openned a brokerage account, $500 minimum. No fees for having the account.

The fee for limit and market trades of stocks is $7.00 for a buy and $7.00 for a sell.

There are other fees if the stock price is under $1.00 per share.

Some brokerages offer a lower fee for market trades, and a higher fee for limit trades, but I mostly use limit trades, because in most cases market trades are stupid.

Answer 2

I was debating this issue the same way a few months ago the best i found was tdameritrade there fees seemed to fit me the best however you save fees if u buy or sell in quanity if you buy or sell one stock you still have one fee thats a flat rate that will almost make it pointless i just started off with like 50 just so i could get use to the system and they dont require a minimum purchase as most of the others do. My suggestion is start off small as i did add like 50 bucks and buy 3 or 4 dollar stocks so you can get a feel for how it works

Answer 3

You need to use a broker to buy stocks. This can range from a full-service professional individual or an on-line brokerage company where you place the orders yourself. Google "buy stocks" and you'll see plenty of choices.

Cost will generally depend on the level of service you want, and maybe the dollar amount you are investing.

On-line fees are the cheapest. If you are a fairly active trader you might pay as little as $5.00 for each trade (maybe less) whereas a full-service stockbroker may charge $85 or more for a $5,000 trade.

Ask yourself, do you want advice, or do you just want a place to execute trades?

For your real money and hard-earned savings you might also consider starting with mutual funds instead of stocks, especially if the dollar amount is less than $10,000. A mutual fund will get you instant diversification.

Then "paper trade" stocks for a while if you think that you are interested in trading stocks for real. You'll get an idea if you have the real-world knowledge and emotional makeup to be successful at it.

Answer 4

I'd check out Scotttrade. I manage an Ameritrade account for a local club here. For an individual account Ameritrade wants $500 to open the account. Scotttrade has 7 or 8 dollar trades where Ameritrade has crept up to $10. Check around on-line! Best to you! ;-)=

Answer 5

First learn how the stock markets work.

Its a policy voilation of yahoo if i post any link here.
Just mail me at [e-mail] with subjet- stock markets . I will send a link of best website where you can find good offers, tips and resources.

Best wishes

Answer 6

Here is a great discount broker:
http://www.dpbolvw.net/click-2072483-10441335

Here's a great book on trading for beginners:
http://www.best-stock-trading-systems.com/trading_for_beginners_review.html

Answer 7

look up Drip funds on yahoo or
google How to buy directly and at low cost.