how to purchase stocks
Post on 13-Feb-2016
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How to Purchase Stocks
Steps to Buy Shares
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Create an investment planAre you aggressive, for income / growth, etc.
Find a company you want to invest inComplete research
Find a broker you likeWhat services do you need, fees, etc.
5 Start to tradeSet limits, greed is good until you lose it all
Raise CapitalNever invest more than you are able to lose
FULL SERVICE•Edward Jones•Raymond James•UBS•Morgan Stanley•Wells Fargo•Merrill Lynch
•Fidelity ($7.95)•E*Trade ($9.99)•TD Ameritrade ($9.99)•Charles Schwab ($8.95)•TradeKing ($4.95)•Scotttrade ($7.00)
ONLINE
Brokers you can use
List based on SmartMoney May 20, 2010 Ranking of
Full Service Brokers
List based on SmartMoney May 20, 2010 Ranking the
Discount Brokers
Be diversified!
Mutual Funds•An investment program funded by shareholders that trades in diversified holdings and is professionally managed.•Buy a share = own many stocks•Load = commission•Example – finance.yahoo.com
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