Investing in stock market can be profitable most especially if you will start trading the cheapest stocks available today. In today's market, seems all the stocks are bleeding and you can buy Stock Shares for way below the price compared last year.
Difficulty: Moderate
Instructions
Things You'll Need:
* bank account
* stock broker account
* valid mailing address
* social security number
1.
You need to have a valid bank account in United States to fund your investment in this country. Add funds in your Bank Account and search for online Stock Brokers. Compare the prices and go with your guts in selecting your broker. There are only few companies that I like- Sharebuilder or ING, eTrade, Scottrade, and Ameritrade. Check them out!
2.
2
If you want to open an Online brokerage without minimum and inactivity fees for having an account with them, then try sharebuilder dot com or ING. You can trade for under five dollars and keep your account without paying the monthly subscription. It is called Basic Program and you can upgrade it later if you want to.
3.
Enter your complete name, mailing address, Social Security Number and Banking account. You cannot use your credit card to fund your stocks trading. You have to have cash in the bank to deposit it in your account. You will need $1 for Deposit to open your Share Builder account.
4.
Wait for two or three days for the trial deposits made by the stock broker into your bank account.
5.
Go back to your online broker account and confirm the trial deposit. Start searching for the stocks offered by ShareBuilder and place an order of whatever companies that you would like to Invest.
6.
They also offered Express Funding for Real-time Trade, read the fees with this trading. So as long as you have money in your Bank Account then you can trade in real time.
7.
You can also automate your investments but remember that there will be always risks involved in investing.
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