Buying stocks without a broker is a simple process done by going through the company’s Web site and signing up for an account online. Purchase stocks or a dividend reinvestment plan with insight from an experienced financial specialist in this free video on investing. Expert: Phillip Beningoso Contact: www.wearehdtv.com Bio: Phillip Beningoso has a bachelor’s of arts degree with a major in finance and a minor in economics and computer sciences from Kent State University. Filmmaker: Christopher Rokosz
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Good tutorial.
@AdanRules66 you should send me some of that lmao
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I will try this video guide for my investment, hope this will work out.
you buy long when the economy goes down, early 2009 mc’donalds stock price avg was 25.00 usd, now it’s at 68, i bought 1,000,000 of those 25.00 stocks and sold them last month at 62.00 so i made a profit of 27million dollars, since the market is good these days you short sell or day trade.
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You do not have to go to school for getting rich in investing.. If you want, you could check out stock-investing-basics(dot)com for finding an easy to understand system that works fine for me.
Nope. You dont have to school for most jobs that make big money. Writing music, owning a business, ect.
to buy and sell stocks, do you have to go to school for it?
thanx
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@ MrAmericanAce Why are you acting like a smart ass. I wasn’t referring the question to you, in fact in was answering someone elses question with a counter-question.
I am totally inexperienced with is but is it possible to just buy stock and sit on it (not buy-sell.will this make money?).
Also the guy said that you firstly need a certificate before you can directly go to the company. After you join a stockbroker do have to stay with them (and be charged)? Or s the certificate one set fee?
@daguangrong not enough. I threw in 4,000 today and came out with 4,087 dollars. im done for the day because i periodically lose some money and the market shuts down in 1 hour. Some days i do better, some i do worse. 500 dollars is harder to do well with because you need a bigger increase to get profits and still pay off your transaction fees. If you do it this way without a broker its feasible but not really worth it. Maybe 5 dollar profit.
@chepsy Well. You’d throw in 452.88. If you got a 3% increase and sold you would make about 13.59, then you’d pay your fee of 7.00 and be left with 6.59 profit. too risky for too little.
@daguangrong I’d go with tradeking if i were you. They only charge 4.95 but theres no limits to anything. no weekly or biweekly stuff. Im almost done day trading today and im coming out about 70 dollars on top.
@chepsy yeah, it can be done but ur gonna be sittin there waiting for a 10 percent increase on something just to make ten bucks. and waiting for that is riskier than im willing to do while day trading. usually. morelikely to lose money. Start with 1000 at least
The brokerage company has nothing to do with the risk or its growth, its the stocks you decide to invest in. I could be mistaken about what your talking about though, are you thinking of mutual funds?
THOUGH, stick to prominent brokerage firms because if they were to go bankrupt you could loose money.
Hope this helps.
btw how old are you?
awesome! very informative!