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What's is the easiest way to purchase a stock and hold it
In the U.S., what is the easiest way to buy Australian government bonds?What's the easiest/best way to be informed of a Director selling shares of a company on London's AIM market?Roth IRA vs. Traditional for married couple with AGI over $120k?Car insurance versus personal liability insuranceShould I pay off my mortgage, begin retirement savings, or build my emergency fund?What's the best way to deal with the market swings?Could a large corporation be taken down through a massive stock sale over time?What are the repercussions of submitting an incorrect W-2 complaint with the IRS for a current employerShould I sell investment property to pay off student loan debt and variable rate home equity line of credit?Why is it so hard to get a quality loan as an individual?
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I'd like to invest some cash (just few thousands) that is currently sitting on my bank account.
There are few companies I believe will significantly increase their value in the next years (let's say Tesla and Apple for the sake of argument), I feel I know the industry fairly well and I'm happy to risk the money.
I don't have the time or interest in trading as I already have a full time job, I plan to buy and hold.
What would be the easiest (cheapest) way to purchase them? Is there a way to cut the middleman?
united-states investing stock-markets
New contributor
ajeje is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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add a comment |
I'd like to invest some cash (just few thousands) that is currently sitting on my bank account.
There are few companies I believe will significantly increase their value in the next years (let's say Tesla and Apple for the sake of argument), I feel I know the industry fairly well and I'm happy to risk the money.
I don't have the time or interest in trading as I already have a full time job, I plan to buy and hold.
What would be the easiest (cheapest) way to purchase them? Is there a way to cut the middleman?
united-states investing stock-markets
New contributor
ajeje is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Who is the middle man that you're hoping to cut? The brokers?
– Nathan L
1 hour ago
Does your employer offer a 401k? If so, consider opening an individual account with them as well.
– MooseBoys
2 mins ago
add a comment |
I'd like to invest some cash (just few thousands) that is currently sitting on my bank account.
There are few companies I believe will significantly increase their value in the next years (let's say Tesla and Apple for the sake of argument), I feel I know the industry fairly well and I'm happy to risk the money.
I don't have the time or interest in trading as I already have a full time job, I plan to buy and hold.
What would be the easiest (cheapest) way to purchase them? Is there a way to cut the middleman?
united-states investing stock-markets
New contributor
ajeje is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
I'd like to invest some cash (just few thousands) that is currently sitting on my bank account.
There are few companies I believe will significantly increase their value in the next years (let's say Tesla and Apple for the sake of argument), I feel I know the industry fairly well and I'm happy to risk the money.
I don't have the time or interest in trading as I already have a full time job, I plan to buy and hold.
What would be the easiest (cheapest) way to purchase them? Is there a way to cut the middleman?
united-states investing stock-markets
united-states investing stock-markets
New contributor
ajeje is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
ajeje is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
edited 1 hour ago
Nathan L
30.4k1676133
30.4k1676133
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asked 4 hours ago
ajejeajeje
1211
1211
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Who is the middle man that you're hoping to cut? The brokers?
– Nathan L
1 hour ago
Does your employer offer a 401k? If so, consider opening an individual account with them as well.
– MooseBoys
2 mins ago
add a comment |
Who is the middle man that you're hoping to cut? The brokers?
– Nathan L
1 hour ago
Does your employer offer a 401k? If so, consider opening an individual account with them as well.
– MooseBoys
2 mins ago
Who is the middle man that you're hoping to cut? The brokers?
– Nathan L
1 hour ago
Who is the middle man that you're hoping to cut? The brokers?
– Nathan L
1 hour ago
Does your employer offer a 401k? If so, consider opening an individual account with them as well.
– MooseBoys
2 mins ago
Does your employer offer a 401k? If so, consider opening an individual account with them as well.
– MooseBoys
2 mins ago
add a comment |
3 Answers
3
active
oldest
votes
You can open a brokerage account with any of the popular discount brokers: Schwab, Fidelity, Vanguard, etc. Just go to their web sites and follow the steps to open an account. If you need a bit more hand-holding, which is normal for new investors, you can drop into one of their offices and they're happy to help. Fees are generally low all around (~$5 per trade), so you can't go wrong with a name-brand discount broker. The middleman is cheap!
Vanguard ain't one of the discount brokers.
– WakeDemons3
55 mins ago
add a comment |
The cheapest way to buy stock is commission free Robinhood. They have many deficiencies but for a few Buy&Hold positions in a small account, that's probably your best bet. If you need anything more than that, you need to look at other brokerage firms.
add a comment |
It might also be worth looking into the actual companies themselves, some allow you to invest directly through them and you can even have it so that they will reinvest dividends (if they have them) for you.
New contributor
Jay is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
There are over 200 no fee DRIPs: directinvesting.com/search/no_fees_list.cfm
– Bob Baerker
1 hour ago
add a comment |
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3 Answers
3
active
oldest
votes
3 Answers
3
active
oldest
votes
active
oldest
votes
active
oldest
votes
You can open a brokerage account with any of the popular discount brokers: Schwab, Fidelity, Vanguard, etc. Just go to their web sites and follow the steps to open an account. If you need a bit more hand-holding, which is normal for new investors, you can drop into one of their offices and they're happy to help. Fees are generally low all around (~$5 per trade), so you can't go wrong with a name-brand discount broker. The middleman is cheap!
Vanguard ain't one of the discount brokers.
– WakeDemons3
55 mins ago
add a comment |
You can open a brokerage account with any of the popular discount brokers: Schwab, Fidelity, Vanguard, etc. Just go to their web sites and follow the steps to open an account. If you need a bit more hand-holding, which is normal for new investors, you can drop into one of their offices and they're happy to help. Fees are generally low all around (~$5 per trade), so you can't go wrong with a name-brand discount broker. The middleman is cheap!
Vanguard ain't one of the discount brokers.
– WakeDemons3
55 mins ago
add a comment |
You can open a brokerage account with any of the popular discount brokers: Schwab, Fidelity, Vanguard, etc. Just go to their web sites and follow the steps to open an account. If you need a bit more hand-holding, which is normal for new investors, you can drop into one of their offices and they're happy to help. Fees are generally low all around (~$5 per trade), so you can't go wrong with a name-brand discount broker. The middleman is cheap!
You can open a brokerage account with any of the popular discount brokers: Schwab, Fidelity, Vanguard, etc. Just go to their web sites and follow the steps to open an account. If you need a bit more hand-holding, which is normal for new investors, you can drop into one of their offices and they're happy to help. Fees are generally low all around (~$5 per trade), so you can't go wrong with a name-brand discount broker. The middleman is cheap!
answered 4 hours ago
RockyRocky
19.3k45081
19.3k45081
Vanguard ain't one of the discount brokers.
– WakeDemons3
55 mins ago
add a comment |
Vanguard ain't one of the discount brokers.
– WakeDemons3
55 mins ago
Vanguard ain't one of the discount brokers.
– WakeDemons3
55 mins ago
Vanguard ain't one of the discount brokers.
– WakeDemons3
55 mins ago
add a comment |
The cheapest way to buy stock is commission free Robinhood. They have many deficiencies but for a few Buy&Hold positions in a small account, that's probably your best bet. If you need anything more than that, you need to look at other brokerage firms.
add a comment |
The cheapest way to buy stock is commission free Robinhood. They have many deficiencies but for a few Buy&Hold positions in a small account, that's probably your best bet. If you need anything more than that, you need to look at other brokerage firms.
add a comment |
The cheapest way to buy stock is commission free Robinhood. They have many deficiencies but for a few Buy&Hold positions in a small account, that's probably your best bet. If you need anything more than that, you need to look at other brokerage firms.
The cheapest way to buy stock is commission free Robinhood. They have many deficiencies but for a few Buy&Hold positions in a small account, that's probably your best bet. If you need anything more than that, you need to look at other brokerage firms.
answered 3 hours ago
Bob BaerkerBob Baerker
20.8k23257
20.8k23257
add a comment |
add a comment |
It might also be worth looking into the actual companies themselves, some allow you to invest directly through them and you can even have it so that they will reinvest dividends (if they have them) for you.
New contributor
Jay is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
There are over 200 no fee DRIPs: directinvesting.com/search/no_fees_list.cfm
– Bob Baerker
1 hour ago
add a comment |
It might also be worth looking into the actual companies themselves, some allow you to invest directly through them and you can even have it so that they will reinvest dividends (if they have them) for you.
New contributor
Jay is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
There are over 200 no fee DRIPs: directinvesting.com/search/no_fees_list.cfm
– Bob Baerker
1 hour ago
add a comment |
It might also be worth looking into the actual companies themselves, some allow you to invest directly through them and you can even have it so that they will reinvest dividends (if they have them) for you.
New contributor
Jay is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
It might also be worth looking into the actual companies themselves, some allow you to invest directly through them and you can even have it so that they will reinvest dividends (if they have them) for you.
New contributor
Jay is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
Jay is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
answered 1 hour ago
JayJay
111
111
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Jay is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
There are over 200 no fee DRIPs: directinvesting.com/search/no_fees_list.cfm
– Bob Baerker
1 hour ago
add a comment |
There are over 200 no fee DRIPs: directinvesting.com/search/no_fees_list.cfm
– Bob Baerker
1 hour ago
There are over 200 no fee DRIPs: directinvesting.com/search/no_fees_list.cfm
– Bob Baerker
1 hour ago
There are over 200 no fee DRIPs: directinvesting.com/search/no_fees_list.cfm
– Bob Baerker
1 hour ago
add a comment |
ajeje is a new contributor. Be nice, and check out our Code of Conduct.
ajeje is a new contributor. Be nice, and check out our Code of Conduct.
ajeje is a new contributor. Be nice, and check out our Code of Conduct.
ajeje is a new contributor. Be nice, and check out our Code of Conduct.
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Who is the middle man that you're hoping to cut? The brokers?
– Nathan L
1 hour ago
Does your employer offer a 401k? If so, consider opening an individual account with them as well.
– MooseBoys
2 mins ago