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Is there a minimum amount needed to make an investment in the stock? |
Is there a minimum amount needed to make an investment in the stock? Wow, so many opinions. ya minimum is 5000 if intrsted contact me swaroop191983@yahoo.co.in Different brokerages require a different minimum. Can be anywhere from $500 and up. yes If you have less than $10K to invest, it's probably not a good idea to invest in individual stocks. Go with an index mutual fund until you have over $10K. Generally yes there is. Many places require you to purchase stock in blocks. Put at least 10,000 dollars in it. I chose Suntrust back in 1995 when the sotck was at 25.6 My brokerage doesn't have any minimum dollar amount for buying an individual stock, but you pay the same trading commission when you buy 1 share or 5000 shares. So if you buy 1 share of a stock trading at $10, then that's $10 for the stock, and like $9 for the commission. Not a good way to make money. investing in mutual funds can be for as little as $500 with an automatic investment plan. nono no, go to www.interactivebrokers.com and start an account, they will leverage your funds my 4X the amount, you put 2000 they make it 8000 and so on, but be careful, if your stock falls below the amount of cash you have in your account there will be a margin call, meaning they will automatically close your position. Yes. |
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