I want to do this on-line, and preferably using a credit card.
What do I have to do to start buying and selling ? Please provide some links. :)

 

  • superdadbrad 9:03 pm on February 8, 2010

    I don’t think you’ll find any on-line stock brokerages that take a credit card or even one of those convenience checks from your credit card. I tried with my brokerage and they wouldn’t take it.

    For detailed information regarding buy and selling stocks online:
    http://www.ehow.com/how_5289063_buy-sell-stocks-online.html

    If you’ve never invested in the stock market before you may want to practice before risking real money. See here for information on virtual trading:
    http://www.ehow.com/how_5764858_start-virtual-trading.html

  • Lana 9:03 pm on February 8, 2010

    Sharebuilder.com is a good place to start. Trades are as low as $4, and real time trades are $9.95 (they were about $16 before ING took over). Etrade and those other sites are a little more expensive, and have too much crap on the first page for me (when I was first starting).

  • Tiger 9:03 pm on February 8, 2010

    The best place to get started would be SogoTrade.com. This is because they offer the cheapest commission fees. Its only $3 a trade. I have been using SogoTrade for about 9 months and have had no problems.

  • CTOPTIONS 9:03 pm on February 8, 2010

    Typically brokerage firms will require cash/check and not credit cards to fund. Lot of online brokers to choose from. Select one based on your need, expectation, and usefulness.

  • Pol 9:03 pm on February 8, 2010

    tdameritrade.com

    I really like using them. They have a flat fee of 9.99. Some claim a cheap charge, but it can actually be much higher depending on what type of trades you make.

    Also, they are always able to help you out if you have any questions, whether it be online, over the phone, or at one of their offices that are all over the country. They also don’t charge any maintenance fees like the other guys do.

    Oh, and they offer stock reviews from lots of independent advisors.

    Good luck!

  • betotron 9:03 pm on February 8, 2010

  • StockMarket-Coach 9:03 pm on February 8, 2010

    Time to go to Stock Trading School!….

  • vvswarup 9:03 pm on February 8, 2010

    First, you should make sure you have about 3-6 months worth of salary in cash and deposit this in a high-interest savings account. Afterwards, you should select a stock broker. There are discount and full-service brokers.

    Discount brokers offer low commissions but you are on your own when it comes to specific investment decisions. Full-service brokers charge higher fees but they will be able to provide helpful investment advice. Discount brokers are useful if you plan on making frequent trades and/or the value of your account is small. Full-service brokers charge comparatively higher fees, that can exceed hundreds of dollars. Full-service brokers should be utilized if you plan on making only occasional trades and/or the value of your account is very large (i.e. tens of thousands of dollars). I use Scottrade but I know people who have used Ameritrade, Etrade, Charles Schwab and others.

    I recommend reading the following investment books:
    "The Intelligent Investor" – Benjamin Graham
    "A Random Walk Down Wall Street" – Burton Malkiel

    I am an investor and I would like to warn you not to make impulsive decisions. Try to see past daily fluctuations in price. Pay attention to quarterly changes because swings in stock price usually happen around the time that earnings reports are released. The market is very active when it is time to release earnings reports. In between reports, the market responds to reports from the government such as jobs, inflation, consumer confidence, etc. and big news from companies (e.g. new product being released).

  • cristym 9:03 pm on February 8, 2010

    Check this http://taxliensinvesting.com/ . I hope it helps you to know more about tax investing.