How Do You Buy Stock Without Stock Brocker?
Just open an on-line account and buy any stock yourself. When you use an actual stock broker or financial planner that is where the cost comes in for their expertise or their service. But if you have an account with interactive brokers say…it would only cost you about $1.00 a trade. So like today because HD closed at around $25 a share, you could buy 100 shares for $2500 which is your cost, plus $1.00…then given that the stock gains or loses, it would cost you another $1.00 to sell. Same idea with optionsxpress or scottrade….ox would cost you 9.99 in and 9.99 out and scottrade $7 in and $7 out, but certainly not the same as the cost of a full service broker. Good luck!
