Question:

Whats the best way of buying shares, i.e through a bank etc?

by  |  earlier

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I'm not going to be buying a lot of shares

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  1. Maybe I'm just sour when I look at my portfolio performance, but I would suggest sticking with mutual funds.  Many amature stock traders go broke because people, in general, are not wired to buy low and sell high.

    Trust me from experience, its really hard to sell an up stock.  So stick to mutuals or buy and stick for the long term.  

    You'll find more wishful answers, but none more accurate.


  2. You can buy through a bank, but, unless you really need the other services of their trust department, this is an expensive way to do it.  Open an account with Fidelity, Scottrade,ETrade, etc.

  3. Before you determine the best way of buying stock, you should first decide on what you're buying and why you're buying it.

    Educate yourself about investing before you just jump and buy something

    You're always better off going to a broker/dealer that is not associated with a bank.

  4. If you are just getting started consider a drip program, directly from the company you wish to invest in. You can get them from a brokerage, but that will cost you fees etc.

  5. View It Now    FinanceExtends (dot) com

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