What are the initial steps taken to begin a stock portfolio?
First and foremost, you need an account. This is your passport to the world of investing and a photo ID is not even necessary. Find an online discount broker or a broker you call into or both. You see obnoxious ads for both on TV, radio and magazines. With so many online brokers to chose from, you will find yourself overwhelmed. My suggestion is to find one which gives you fast execution. Waiting on the phone listening to taped Yanni music while you are trying to place an order on a fast moving stock is as close to an outer body experience as you will get.
