How can I buy stocks for the first time? - ProProfs Discuss
Topics-
Products +
     

How can I buy stocks for the first time?

Asked by D.Hadenr, Last updated: Dec 05, 2017

+ AnswerRequest Answer
...

1 Answer

a.Patricia

A.Patricia

Answered on Nov 14, 2017

There are a few simple steps you can take to start investing today. The first thing you want to make sure you have is money for the next three to six months as an emergency fund. If you invest a lot in a stock, you want to make sure you’re ready in case it crashes. Also, make sure you can invest without cutting anything essential from your budget.

After you’ve got the money, you have to open a brokerage account. This is the kind of account that lets you invest in stocks. Load it up with some of your extra money. Now, you’re ready to start looking for places to invest. Pick a business on the upswing. Buy at a fair price, not an upstart. Well-established businesses are a good place to look. Once you find one you want, invest. That easy. Now, you check in. Not often, but some.

 Reply

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.