How Do You Buy Shares Of A Company?
There are many ways to buy stock shares, ranging from employee stock purchase plans to mutual funds. The basic transaction remains the same, though–people buy shares in a company and so become part owners of the firm. If you want to invest your money in individual stocks, whether in an individual retirement account or as another part of your investments, there are some basic things you should know before you begin. Step 1 Decide what type of brokerage account you want. If you are just starting out, you may want to open an account to buy shares in a company at your bank. The fees are usually low and you will be dealing with someone you already know. Alternatively, you might try a discount brokerage. They execute your stock orders but offer only limited additional services, if any. A traditional brokerage firm will offer a wide range of services but is considerably more expensive. Step 2 Open an account through your bank or with a broker. You can get the application form online in most
