• inodat 7:32 am on August 7, 2010

    Hi Alra,
    I am assuming that you are here in the USA. If so I would highly recommend DRIPS, Dividend Reinvestment Plans (DRPs), if only because of the small amount of cash you have available, you cannot afford to be paying ANY commissions, they will eat through your $200 like a hot knife through butter at room temperature. With DRPS you are buying the stocks directly from the company itself without paying those commissions. I would also suggest that you add a set amount of dollars every month to your holdings. Only pick stocks that you have checked out and believe in, especially those that make products you buy and use and like. Look at this for the long term, gradually your account should increase in value. Then you are able to take some of those profits and trade riskier stocks through a regular trading account.
    Good luck and don’t forget to watch Jim Cramer’s Mad Money on CNBC BOOYA

  • crisishelper1974 7:32 am on August 7, 2010

    try sharebuilder
    they let you start out with as little as 4 dollars

  • matgrouper 7:32 am on August 7, 2010

    montley fool

  • Frank Castle 7:32 am on August 7, 2010

    You should not invest in the stock market if you only have $200.00
    I suggest you to save $2,000.00 and then open an account at ameritrade.com and then contact me if you need help.