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Showing posts with the label How to Buy and Sell Stocks on Your Own

How to buy and sell stocks on your own?

  How to buy and sell stocks on your own?                    In order to buy   stocks , you need the assistance of a   stockbroker   since you cannot usually just call up a company and ask to buy their stock on your own. For inexperienced investors, there are two basic categories of brokers to choose from: a   full-service broker   or an   online/discount broker . Full-Service Brokers Full-service brokers are what most people visualize when they think about investing—well-dressed, friendly business people sitting in an office chatting with clients. These are the traditional stockbrokers who will take the time to get to know you personally and financially. They will look at factors such as marital status, lifestyle, personality, risk tolerance, age (time horizon), income, assets, debts, and more. By getting to know as much about you as they can, these full-service brokers can then help you develop ...