I just turned 18 and want to buy shares?

Question

just want to know where to start buying shares, and how does it all work?!

Answer 1

Sorry kiddo, if you're asking this question you probably should do a bit more research before jumping into the stock market (unless you don't mind playing and maybe losing your money).

Investing in stocks is just one part of this idea of "building wealth"

Do you have a couple of thousand $$ in the bank for a rainy day? Do you have any credit card or other debts? Do you plan on going to college?

But on the other hand, experience is the best teacher. If you still feel like you're ready try Scottrade.com they have the lowest minimums and they're highly rated.

There's a book out there called: The First Book on Investing by Samuel Case. You can get it from amazon for $2. I think that'd  be your BEST investment at this point.

Answer 2

Well It's kinda complicated but don't let that turn you off.

some brokers are:

interactivebrokers.com

TDwaterhouse.com

Then you'll need to find out which stocks to invest into. Try this site:

http://goldstocks.co.nr/stockpickinguniv...

To learn the mechanics behind how it all works and get some more general information try:

investopedia.com

Answer 3

You have to open a brokerage account.

http://answers.yahoo.com/question/index;...

Once you have one, you can trade stocks online (buy and sell).

Answer 4

you can buy shares by opening an account with any share broker who is registered with an exchange you want to invest in, BSE / NSE.

u need to have sufficient balance in your account to continue trading. always avoid short term temptations because if you invest good, you will be safe and have good returns.

Answer 5

hi

i am ibrar and i am a investment advisor.

i will guide u to all ur investment needs.

i will inform u how and where (share market, mutual funds, insurance) to invest.

if u want more details pls contact me.

my id is [e-mail]

my no is 09788011322.