How do I start buying stocks?

thismybgolname

Rising Star
OG Investor
I buy my companys stock as well as invest into my 401k but I want to know how I buy individual stocks in company that I pick without getting a broker?
 
1. Open an online trading account.
2. Fund your account.
3. Buy and sell stocks.

There are several good online brokerages to choose from. I've been with Scottrade for quite a few years now, but you're welcome to try others. To name a few...

Sharebuilder: http://www.sharebuilder.com (start trading with very little money).
Tradeking: https://www.tradeking.com ($4.95 per trade)
Scottrade: https://www.scottrade.com ($7 per trade)
E*Trade: http://www.etrade.com (also provides full service banking).
TDWaterhouse: http://www.tdwaterhouse.com
 
bootypleaser said:
where would you go to look up real time quotes?

Most of the online brokerages offer realtime quotes. You'll get all the tools necessary to trade when you open an account.
 
By the way.........MAX out your 401k and if you ever leave your job, there are self directed ira's that you can the money into. With a self-directed IRA you can invest in whatever you want to invest in! Including Real Estate and etc.
 
Real1 said:
By the way.........MAX out your 401k and if you ever leave your job, there are self directed ira's that you can the money into. With a self-directed IRA you can invest in whatever you want to invest in! Including Real Estate and etc.
Well... Not whatever you want... There are rules, but Real Estate is one of them! "LICK"
 
I see the link that someone posted which is nice for reading material but is there anymore? I tried reading starting a profitable investment club and the shit was painful. Any good recomendations for someone new to investing?
 
Which is more painful reading or losing money? there are no short cuts to investing. The difference between those that make money with stocks and those that lose is knowledge. How do you know if what shortcuts I give you are right unless you read and research them to see if what I post is true. Do yourselve a favor and read what was posted they are a good start.
 
Awilli1055 said:
Which is more painful reading or losing money? there are no short cuts to investing. The difference between those that make money with stocks and those that lose is knowledge. How do you know if what shortcuts I give you are right unless you read and research them to see if what I post is true. Do yourselve a favor and read what was posted they are a good start.

Losing money
 
Bruh... I should have said this on the first post... Don't buy stocks... Buy Real Estate!!! "LICK"
 
nappy said:
I see the link that someone posted which is nice for reading material but is there anymore? I tried reading starting a profitable investment club and the shit was painful. Any good recomendations for someone new to investing?

Trust me. The book you have is a great book. How many people are in your investment club?
 
Where is this Book your talking about?

I havent a clue where to begin research. I go all over Yahoo Finance. But if I a rookie can find it then how many others are ahead of me, you know.

How do you do research and find a company that is involved in a certain technology or market. Say I feel that the Internet Phone market, or Solar Power markets are going to increase in business. Just as examples, How would I locate compaines involved with those areas, and which offer Stock.

Is it just plain old fashioned digging or is there a way to pinpoint your research in some ways.
 
CavalierOn20z said:
Where is this Book your talking about?

I havent a clue where to begin research. I go all over Yahoo Finance. But if I a rookie can find it then how many others are ahead of me, you know.

How do you do research and find a company that is involved in a certain technology or market. Say I feel that the Internet Phone market, or Solar Power markets are going to increase in business. Just as examples, How would I locate compaines involved with those areas, and which offer Stock.

Is it just plain old fashioned digging or is there a way to pinpoint your research in some ways.

The book is named "Getting Started In Stocks"
 
I suggest building a business or buying real estate (which can be considered a business). If you insist on investing in stocks, go to Barron's top rated site for trading www.optionsxpress.com. Hands down the best site for education, training and trading. One more suggestion, invest in your knowledge (library) then put down your cheese. You earn and lose money due to your financial knowledge before you even being trading. You are only as good as your information. Happy trading.
 
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