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Sharebuilder Stocks for Dummies - What do I do? |
Two years ago I decided I wanted to learn about the stock market and online trading. I signed up for a sharebuilder account and bought two stocks-- 1 share of Apple Computer (went from 45 two years ago to 97 today) and 80 bucks worth of another company that has since gone bankrupt. I also have $30 in my sharebuilder account labeled "money market." At Sharebuilder, you pay a fee to sell your stock. The idea is that you put a little money in and a bunch of other people do too and you tell them what stocks you want to buy. They buy the stock in increments that make sense and then divide the shares among those that put money in the pot. The fees for the purchase are likewise shared among the group. It usually doesn't make sense to sell a single share (unless it's Berkshire Hathaway), as the fees would likely outpace whatever you made on the stock. Yes you can sell your one share |
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