What is the best place to buy stock?

I purchase them directly from Stock transfer agents such as Computershare or Mellon. I purchase them through Direct Stock purchase plans (DSPP). If you hold shares of a certain company, or purchase an initial investment of certain shares, the company may support a program where you purchase the company's shares and the fees for purchasing and selling the shares are either highly discounted or it is free. Right now, I have a DSPP with Bank of America and their transfer agent is with Computershare. I send a cheque to Computershare every so often to purchase shares and it is recorded in the books. To find out if a particular company has a plan, go to it's website, go onto it's investor relations page (usually at the bottom of the page, or in the page that's called "about --------Company") ,and look to see if they have either a dividend re-investment plan or a Direct stock purchase plan. This way you avoid fees, and can frequently purchase stocks easily.

Here is Bank of America's
http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=irol-contact

Also if you go to http://www.computershare.com and click on Shareholder Services, and then on investor center, and then on investment plans, you can find many of these plans that are serviced by Computershare. Although diversification is more difficult you
1) Directly own the shares and receive dividends directly
2) Pay less or no fees
3) You have control on when you want to purchase or sell shares
4) You have options with your dividends such as reinvesting them to purchase more shares or to receive them through direct deposit or by check in the mail.

http://www.directinvesting.com/ also has a lot of information about investing in DSPPs or DRIPs and also has a data base on all the shares listed in the United States that offer the program. Good luck in your financial plans.

Getting into the stock exchanging and trading shares is as easy as opening a brokerage account, pick your favourite stocks, sell them when they rise in price, that's it... HOWEVER, this simplicity is exactly the wolf beneath the sheep's skin. If trading shares is so simple, why are so many people still poor, right?

There are quite a number of things you need to learn before you can even start thinking of the stock markets ...

1. You need to understand how the stock market works and what it is exactly about.

2. You need to know what are the different styles of trading in stocks and shares.

3. You need to read about why so many people lose their shirts in the stock markets so that you can avoid their mistakes and also decide if this is a risk you want to take.

For all these issues and more, you can read about them from some of the articles that I wrote at http://www.mastersoequity.com/articles.htm

After you are adequately armed with the basic concepts and ideas, you need to know how to find profitable stocks to trade or invest in. You can do that the easy way by subscribing to stock pick services (example http://www.stockpickmaster.com ) or you can learn to use charting tools and softwares to find stocks with parameters that you can pre-define. (example http://worden.mastersoequity.com )

Remember, the slogan "Just Do It", Just won't do for the stock markets. If profiting in the stock markets is as simple as buying a single stock , then why are so many people still poor?

After you have all the above mentioned knowledge, you need to ask the following golden questions before you can decide whether a stock is worth buying or not :

1. Why are you of the opinion that this stock will rise?

2. Is your opinion valid in the first place?

3. When are you expecting it to rise? Can you hold on for that period of time or longer?

4. What is your expected entry price? After what price would your expected profit margin be too thin to enter upon?

5. Where is your expected stop loss point? What is your stop loss point based on? Where will you tell yourself that it is time to take a loss and get out?

6. Where is your expected profit taking point? What is your profit taking point based on?

7. Does the way you are buying the stock allow you to hold on until your expected profit taking point?

8. How much of your money should you dedicate to this one trade?

9. What is the level of primary, secondary and idiosyncratic risk you are undertaking when deciding how much of your fund to use?

10. What is your cashflow need? Does your cashflow needs allow you to hold the full lifetime of the stock?

After you are able to answer all these questions confidently, THEN you are ready to... PAPER TRADE your stock strategy. Yes, even at this point, you are NOT READY to trade for real. You should trade on PAPER for at least 6 months and become consistently successful BEFORE you take your stock strategy into real life.

Then.. you are ready to start... but there is still no guarantee of success as paper trading is very different from real trading. You will need another maybe 1 year or 2 trading very little money and be consistently successful BEFORE you are ready to increase your stakes.

So, as you can see, success in the stock markets is not easy at all the the less knowledge you have, the more risk you undertake. I lost hundreds of thousands in the stock markets before I become successful.

Take heed and good luck.

All in all, investment and trading is a lifelong education and non stop learning. No one is ever done learning and catching up with changes in the markets.

If you care to read about how I went from completely broke to retired millionaire trading stocks and options by 28 years old, you can go to http://www.mastersoequity.com/

Hope these information helps.

http://www.optiontradingpedia.com/

http://www.mastersoequity.com/

.

Scottrade will sell you any amount of stock for $7.00 total. There is no minimum amount to open an account, otr at least they have not charged me, and I only invested $3,000 in a Roth IRA. Great service.

Schwab charges about $13.00 per trade. Great service.

TD Waterhouse was great when it was Jack White. Then they got bought out and it took a long time on hold to talk to them, and I bailed. Now they have been bought out again.

The big brokers have all sorts of annoying fees: fees top open, fees to maintain, fees to sell, fees to close, They'd charge fees to take a dump if they could. Legg Mason has some no-load funds, nbut they charged me $75 to close an account after 8 years. Etrade is great UNTIL you try to get an answer from them, then they suck.

I would suggest you to check with online discount stock broker they charge less fee. Check the website below to learn more on shares and stock trading and how to select the best stocks.
http://money-review-site.com/shares.html
Hope it helps

schwab or scottrade are good and cheap.

I use Edward D. Jones

SEE THIS

ENTER HERE
http://e-golddailypro.biz/?ref=16908
TO MORE INFORMATION CONTACT ME.
tupropiadesicion@yahoo.com

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