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When you buy your first stock, you’re likely to put in a market order, which is the most common type. With a market order, you’ll buy the stock at whatever the current price is.
At any point in time, any stock may be the best to buy, because stocks can fluctuate a lot over the short term. But the stocks that increase in value over time grow their sales and profits year ...
So you can buy a partial share, even on those really pricey stocks. It’s ok to start small. With no-commission online brokers, your money won’t be eaten up by fees.
While investors may need to answer a few other questions, the list is much less detailed than for traders. 3. Set up your brokerage account. Choosing a broker will depend on your trading approach.
Research carefully before you buy stocks. Opening a brokerage account is an important step because it gives you more flexibility and access to assets. Buying stocks for the first time?
Continue reading → The post How to Buy Stocks: A Step-by-Step Guide appeared first on SmartAsset Blog. But getting into the stock market isn't a one-and-done deal.
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