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2007-05-23 08:49:34 · 10 answers · asked by Salvador H 2 in Business & Finance Investing

10 answers

You can buy stocks from a broker or in some cases directly invest with a corporation.

The following questions are most important:
-- How much are you going to invest? If you are investing a million dollars, fees and charges are almost irrelevent. If you are working with $1000, a $90 brokerage fee is enormous.

-- How long do you intend to hold your investment? If you plan to be a day trader, you will need a great deal of skill, patience, and financial resources. If you want to buy a few shares of Disney as a long term investment, it is not that difficult.

-- What is your purpose? If you are saving for retirement, there are ways to reduce taxes on your gains etc. If you are saving to buy a home, you might have a different stategy. If you are looking for an alternative to roulette, there are ways to play risk versus reward.

2007-05-23 09:18:19 · answer #1 · answered by Menehune 7 · 0 0

You buy a number of shares of a stock. You can contact a stock broker who will place an order for the number of shares that you want to purchase of a certain stock. Keep in mind that on certain stocks, you have to buy a block of 10, 50 or 100 shares. You can also purchase them on margin. If the stock falls, there is what is called a margin call. At that time you will have to pay the difference of the loss. Happy Hunting.

2007-05-23 09:00:16 · answer #2 · answered by CRAIG C 5 · 0 0

There are several ways:

Broker - You can open an account with a broker and you can place your orders directly with them. Some examples are:
1. Merrill Lynch & Co. Inc.
2. E. F. Hutton & Co.
3. Bache & Co.
4. Paine Webber & Company
5. Francis I. DuPont & Co.
6. Dean Witter Co.
7. Goldman Sachs
8. Bear Stearns

ECN - Electronic communication network. In order to trade with an ECN, one must be a subscriber. ECN subscribers can enter orders into the ECN via a custom computer terminal or network protocols. The ECN will then match contra-side orders (i.e. a sell-order is "contra-side" to a buy-order with the same price and share count) for execution.
Some examples of ECN's are:
* Archipelago
* BATS
* Currenex
* FXall
* eSpeed
* Global Link
* Hotspot
* Instinet
* MilanFX
* NYFIX
* Track ECN

OTC - This is where you arrange to buy stock directly from whichever party you want to buy stock with. It is basically an agreement between 2 private parties. OTC stocks are posted on the OTC Bulletin Board.

2007-05-23 09:25:55 · answer #3 · answered by frost9192 1 · 0 0

It invlolves a few things....

1) Motive. (why you want to buy them)

2) Money. (can you afford to loose it, if the stock goes down).

3) Time span. (how much time you have to let that money go out to work for you)

If you have answered those questions OK, then there are institutions that you open and account in and buy the stocks over the internet.

The example of the companies are. TD Ameritrade, Bank of America Investment, Citicorp Financial, etrade and other banks and companies.

One peace of advice...... people gamble with their money, never use soneone else money to buy stocks.

2007-05-23 08:59:22 · answer #4 · answered by apollo 2 · 0 0

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You will have to wait between 3 and 10 days to get into the system in most cases. When I signed up it took 8 days. I wished it was faster, but if you can wait a week or two to start earn life changing money than you will have what it takes to make it in this business.

2016-02-16 18:28:12 · answer #5 · answered by ? 3 · 0 0

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2016-11-26 20:31:33 · answer #6 · answered by merryman 4 · 0 0

Through a brokerage. Depending on how much money you have, you can do it yourself through an online broker (Scottrade, E*Trade, Charles Schwab) or through a full-service brokerage (such as Merrill Lynch, UBS, Edward Jones). You will pay higher fees, but will get an advisor assigned to you at the latter.

2007-05-23 08:58:48 · answer #7 · answered by ChaosDuchess 2 · 0 0

The least expensive route is to open an online trading account (i.e. etrade, tdwaterhouse, etc.) - they all advertise on marketwatch.com. For a more comprehensive broker check out amperiprise

2007-05-23 08:57:22 · answer #8 · answered by Rob L 1 · 0 0

Open a brokerage account at Zecco.

2007-05-23 15:24:25 · answer #9 · answered by Anonymous · 0 1

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2007-05-25 20:19:43 · answer #10 · answered by sheela j 1 · 0 0

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