Peeled Onion Heads
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I like ScottTrade it's very cheap at only $7.99 per trade
P.S. I would not recommend you buying MLER.OB it's not that good you should buy something else |
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Dr. Deth
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stay away from any stock under $5/share - they are really risky and possibly bogus. You could lose all your investment - if you want to invest small amounts in stocks, not mutual funds, try ShareBuilder.com . You can buy fractional shares of stock from over 3000 diff companies - ones on the regular stock exchanges . I bought a few shares for my company's parent company (who's in the Fortune 500) - $4.00 per trade. You only need $25 or 50 to get started |
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J
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look for the company's web site to see if you can invest directly through a drip (dividend re investment plan?). Try putting Drip into your search engine to see if there is a list of drip stocks. Sometimes you have to own a share and sometimes not.
My concern is that since you don't know how to buy it you must be inexperienced and trying to make a fast buck - don't know the company but the stock market teaches rookies well but it usually is a very expensive tuition. Be careful. |
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stoove
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I think it's 12.99 a TRADE regardless of number of stocks, not per share traded. |
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binarywoman
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I would stay away from penny stock and look for stocks that are widely held by institutions like banks, brokerage firms, and mutual funds. A good place to check out individual stocks is yahoo finance.
If you want to start investing in stocks, take a look at sharebuilder.com. This is an excellent place to start dollar cost averaging. For a small investor, it's very hard to time the market. Pick a stock or a few stocks and each month put a certain amount of money aside for each stock. Reinvest your dividends and the plan automatically buys more shares for you. You can trade 20 stocks for $20 a month. |
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daveguy48
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I also agree that when you are investing with a small amount as you suggest, you have to be really careful about how you go about it.
When the cost of doing one trade is for example 12 dollars. If you are only investing $100, you are pretty much losing 12% to buying the stocks!!!
There are ways to get around it though. There is a good article I found on a blog called "Investing with only $1000". It talks about the way to go about investing with a small capital.
Check it out to see if it help you: its at http://www.finance-your-life.com
Happy Trading
Dave |
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G C
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Go to their website (moller.com) and read about the Skycars. THINK about what they're touting (speed limits only 60mph and you're stuck on the freeway)... what happens when all those people on the freeway decide to flip their switch and go airborne? Does 'mass suicide' come to mind?
That does NOT look like a good investment to me. Your grandkid's grandkids "might" see any profits from this company if they're still around. |
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bb4479
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FIRST TRADE! You might need http://www.firstrade.com (even if u don't live in the US). I'd say it's the luckiest bet you'd ever make.
I bought stocks under $5 (quite worthy according to Warren Buffett's Way) - and they certainly multiplied like rabbits.
There maybe cheaper discount brokers out there than firstrade.com, but it worked for me. |
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Voice of the One True Todd
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DUDE! what the hell is this!? I've been thinking about investing into stocks in the VERY SAME THING for about two weeks now! I suddenly became obsessed with finding info about hoover cars and airships and checked everything under the sun for about a week. Then this past week, after the idea seemed to fade I suddenly started thinking about how to invest in a company I had found, although its not the one you picked. Is this the Jungian collective, or are you all really just a bunch of manifestations of my own subconscious in the form of material holograms! F-ing life gets weirder and weirder by the minute.....
Oh, & thanks for asking the question by the way, it's going to help me out too! |
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Frankly Speaking
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I can't give you much info on how it's done, but Tesla motors might be a safer bet.
They are producing a fully electric sports car that does 140 +. George Clooney and several other celebrities already have their orders in, and the car is being manufactured, but is in the final series of saftey tests and the like. |
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Peter N
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Consider investing in a company when you have more than $100 in your pocket. At least consider a few hundred and look at stocks at under $5 if you are looking for some fun and can afford to lose it all. |
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