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How to invest money in stock exchange? what is minimum sum?and where i can do it,bank ,on line? |
iam beginner and i dont know where i can start,coz i live not in big city Some real rubbish being spoken here. You can buy a single share if you want, but by the time commisions are paid this really isn;t economically viable. GO TO SHAREBUILDER.COM THERE IS NO MINIMUM THEY WILL EVEN HELP YOU ON THE PHONE or this one Hello, It is not the matter a big city or small one, go to a stock broker or member start a demat and trading account. The only advice I can give is don`t delay, start as soon as you can. I spent ten years frittering my money away, and now after investing it in the stock market for the last ten years I could retire if I wanted to. Well there are a couple of things you must do to get started. First open up a brokerage account. Such as Td ameritrade, e trade etc. Then check up if a minimum is required, generally not. One place i know there is no minimum is sharebuilder. com Probably best(cheapest online). Minimum probably 拢200 otherwise not really economic. We have a beginners page ob our website http://www.shareworld.co.uk Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan. Fidelity can set you up. Your money deposited will be able to be traded in about 1 week from the day you write the check. If you're low cash/low trade volume, it's about $20 - $25 per trade. If you're high cash / high trade volume, it's $8 per trade, and you can have access to Fidelity Active Trader trading tools. Very good place to start. |
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