How much does money does it take to buy stock?

Question

How much does money does it take to buy stock?

Answer 1

The price of a stock varies widely, based upon how much it is worth due to how much people want to sell the stock and how much people want to buy the stock; the price can be anything from just a couple of pennies to well into the thousands of dollars.

For every stock purchase, you have to go through some company and there is almost always a transaction cost from the company for the transaction; it is usually around $5-$8 per transaction.

Answer 2

This depends on how your buying your stocks, are you using a full time broker or part time?  

Full time brokers keep a portfolio for you and give you advices, they tell you where you would want to invest and where it would be safer

Part time brokers will just help you buy the stocks

The next step would be what company your buying stocks from, every stock has a minimum amount you must purchase initially, for example CVS/Caremark is around 40.00 per stock, but the minimum would be $3,500 you would start off with a lot more shares, after that if you want to purchase more, u can do it one at a time, but every company has a certain minimum requirement which your stock broker would help you with.

Answer 3

depends on the stock...$7 per transaction at Scottrade and the cost of the stock

Answer 4

What a silly question it depends on the stock! There are stock that sell as little as 10 cents a share to thousands a share. All you need is a etrade or ameritrade account etc... and buy away!

Answer 5

The amount of money required depends on the stock that you want to buy, the market that it is being bought and from whom you are buying it.

Judging by your question before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.

Start your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs.

Here is some reading material that can get you started in the right direction,

What Works on Wall Street by James O'Shaunessey

Beating the Street by Peter Lynch

One Up on Wall Street by Peter Lynch

The Warren Buffett Way by Robert Hagstrom

How to Make Money in Stocks” by William O’Neil

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance.  (http://moneycentral.msn.com/home.asp http://finance.yahoo.com/ )

While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why.  This site has some basic information for beginners. If any site offers free information, take it.

Other website that can provide instructions and help with procedures and terminology are

Investopedia - http://www.investopedia.com/  Stock Charts - http://stockcharts.com/

http://www.investorshub.com/  http://www.1source4stocks.com/



Visit some of the more professional websites like Zacks - http://www.zacks.com/

Smart Money - http://www.smartmoney.com/  Schaeffer’s – http://www.schaeffersresearch.com/

Some of these web sites will have advertisers who are worth looking into also.  And remember, if they offer free information, get it.

Good luck, you should start investing by studying first and becareful what advice you follow

Answer 6

Depends on the price of each share and how many you want buy.

Answer 7

Some accounts require a minumum deposit to avoid maintanence fees.

Also look for brokers who don't do percentage fees on the total of your stock purchase.

In other words, flat rate, usually between $7 and $12 per order, with unlimited share quantities.

Stay away from PinkSheet stocks.

Answer 8

The amount that exceeds the brokers fees.

Answer 9

depends on which one you want. :]

Answer 10

ALOT the higher the risk the higher the reward

Answer 11

100 to start

Answer 12

Depends on which stock you want. But buying 1 stock (can be super cheap, like a few bucks) is not the right way to go. Usually people buy more then 1 stock. You should try mutual funds, you dont need to invest a huge amount  in those.

Answer 13

Well if you have $2500 available open a Zecco account and they are free  !! so if you want to invest 100 dollars in a company its no problem at all so long as you maintain the $2500 balance for free trades.   otherwise 5 bucks a trade and youll lose 10% outright investing 100 dollars.

Answer 14

Depends on  what stock, how much you're buying etc.

Tends to be quite a lot though.