How do you buy a stock?

Question

i want to buy a nintendo or a sony stock. what do i do HELP

Answer 1

1) Go to your nearest bank.

2) Ask to open an internet stock trading account.

3) Deposit some cash.  ($30 is a typical transaction fee, unless you're in the big leagues.  Then add more cash for the number and price of the stocks you want)

4) Go to your web browser.

5) log in to the web page the bank gave you.

6) click "buy stock".

7) enter quantity, and price you want.

8) wait for someone to sell you that many at that price.

9) if you're tired of waiting, repeat step 7 & 8 with different price.

10) If you want a certificate, the bank can send you one after you've bought stocks.  There might be a $50 fee for that though.

Answer 2

You need to setup a brokarage account (either from your Bank or on-line).  Then deposit money to the account, then place a buy order to purchase the stock

Answer 3

Transaction fees in online accounts are usually lower than with investment accounts from a local bank. So you might want to choose an online account for that reason.

Buying stocks is incredibly risky these days, so please only use money to invest THAT YOU CAN AFFORD TO LOSE!

To place your order, you will have to locate the stock first. On my investment account, I need to put in the short code which is only a few letters. PLEASE BE CAREFUL because it is not always clear. You might be buying something else than what you think you are buying.

When in doubt, call the helpdesk (if they have one), look it up in the financial papers or on the company's website. Most major companies have an Investors link on their site.

The order itself, you can place a limit order or a market order. Market order means, I want to buy this and I don't care what it costs! So please don't do that. Always best to take a few days to get acquainted with the market and the prices before you place your first order.

Answer 4

you don't want to buy stock right now... washinton mutual is about to lose theres... hint so will many other companies