Question:

How do I buy and sell stock.?

by  |  earlier

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since this year the economy has been doing so bad that all the stocks fell, and I'm starting to see rising in some of them. Since they fell so much I think it is best time to get stocks. But I never have delt with stocks before. How do I buy and sell? If stock broker, how much do I pay him, is it good? If its internet site, what site is good, how much fee, is it good?

Thank you.

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4 ANSWERS


  1. investopedia.com

    also,

    Go to the library and icheck out "Rule #1" by Robert Town

    http://www.amazon.com/Rule-Strategy-Succ...


  2. take a couple thousand and go to scott trade or e-trade.  I use optionxpress.

    recommend you paper trade for awhile to be sure you know what you're doing.  Or just buy shares of mutual fund if you think the market is going up generally.

  3. Stock brokers...Watch mad money!!! ITs a TV show!!! then do it your self online. Rates are around 7 bucks a trade

  4. You can buy or sell stock through a broker or directly through the company whose stock you're interested in.  Some companies like Disney and McDonald's offer dividend reinvestment plans (DRIPs) that allow you to buy directly from them.  However, the list of companies that participate in this is limited.  Therefore, I would suggest just trading with a broker.  Regular full-time brokers can be very expensive, so I would recommend choosing an online discount broker.  I personally use Firstrade.  They charge $6.95 per trade.  I am very satisfied with them so you should definitely check them out.

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