How To Invest
June 28th, 2008
Question: How do you invest in the stock market on your own without a broker?
How do you invest in the stock market on your own without a broker?I want to Invest but I don’t want to pay a broker.
Answer: Investing is a risky undertaking. Remember, you’re giving your cash in return for a piece of paper that could easily turn out to be worthless or an empty promise.
For a small retail investor the cost of a discount broker is money well spent. Besides I don’t think that you could buy equities without going through a stockbroker. They are licenced to buy & sell stocks. Even when you deal with a broker you should find out exactly what you’ll be getting for your money to avoid disappointments later.
Doughboy talks about companies where you can invest directly; I think what these companies allow you to do is to reinvest dividends but I think you must do it through a broker. It’s called DRIP (Dividend Re Investing Plan)
How to Invest Money
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