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how to invest in stocks?


lummox

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the thread on investments got me thinking that i don't know shit about how to buy and sell stocks. Seriously, this stuff is confusing to me. how can I invest a few hundred bucks in a couple selected stocks without spending bucks on trade fees? etrade? vanguard?

is it even possible to buy a few shares at a time?

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"how to purchase?" sums up my query.

from the little i know, a minimum account balance is needed to set up an individual brokerage account, but all i wanted was to get a few hundred bucks of stock as a gift for a money-minded kid i know. so, how to purchase a handful of shares?

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If you want to avoid accounts that require a minimum balance to establish the account, you might want to look at companies that offer a direct purchase plan for their stocks (http://www.enrolldirect.com/indexnj.htm)

 

Another alternative is to use an at an outfit like the one below that enables you to invest in stocks in dollar (rather than share) increments with scheduled deductions

 

http://www.sharebuilder.com/

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