Sunday, September 25, 2011

Market Lesson – How To Buy Stocks

In order to purchase stocks the first thing an investor would need to do is research the market. You can find corporate information on websites such as msn.com, yahoo.com, google.com, or cnbc.com to name a few. If you have never traded stocks before you can practice by paper trading in order to get a general perspective of the market.

The next step is to find a broker. There are many brokers to choose from such as ameritrade, scottrade, or fidelity investments. You can either open an account online or go into a local office. Your account will depend on your investment objectives. Most brokerage firms require that initial funding be placed in your account by check or wire transfer. Initial deposits vary depending on the brokerage firm. Once the account is open you can begin trading.

By: Marlin Rolle

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