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JetMech asked in Business & FinanceInvesting · 7 years ago

How does a person buy or sell stocks?

I haven't bought or sold any stocks for many years, how is it done now days? Is it all online? Is there still such a thing as a standing sell order? We have a company 401k....should I stay or should I stop that and open my own IRA?

9 Answers

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  • David
    Lv 7
    7 years ago
    Favorite Answer

    How Do I Actually Make Money From Buying Stock?

    http://beginnersinvest.about.com/od/beginnerscorne...

    Stocks Basics: Introduction

    http://www.investopedia.com/university/stocks/

    Five Minute Investing: How To Evaluate A Trading Strategy

    http://www.investopedia.com/university/fiveminute/...

    The Cardinal Sin Of Beginning Investing -- And How To Avoid It

    http://www.investopedia.com/stock-analysis/streeta...

    Most serious trading is done through a free trading platform downloaded from your broker. It includes research capability, strategies, charting tools, and lots of help. Register for a free trial at any major brokerage and check it out. You won't have to fund the account for several months or maybe a year.

  • 5 years ago

    With penny stocks you can make 30 percent or 40 percent profit in a few days. Learn here https://tr.im/learnpennystock

    The best strategy, if you do have experience type of return on a penny stock, is to sell the stock quickly.

    Of course, it’s easier said than done. The natural thing to want when you see an increase in stock price is to hold the stock and hope for an even larger increase.

  • .
    Lv 5
    7 years ago

    You can do it online or with a broker. If you do not expect to withdraw money for a couple decades you might want to get a mutual fund, or perhaps better, a closed end fund. If you might need the money first you would like to have more "liquid" Investments which also do not fluctuate in value as much such as treasury notes.

    IRA's and 401K's have tax implications and these might be more important than whether or not your company invests.

    You can get a broker to do it and you could get a company like thrivent to do it if you want to invest with them, but you will also pay high fees which would give you less return. Mutual funds might also charge fees that are not backed up by great stock picking.

  • Anonymous
    6 years ago

    Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/fb19f

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  • Anonymous
    7 years ago

    Hello,

    I've been trading the market for just a few months. My cousin actually told me about this website (http://pennystocks.toptips.org)and/ I signed up immediately after. This is my honest review about their method. I'm not someone who has a lot of time to be researching for ideas because I work many hours. they made it incredibly easy for me to make money in the market. Their reports are easy to read and follow. I've tracked most of the stock ideas that I've received in my e-mail from them and MANY have seen some nice gains after their announcements. I've made a nice profit (55% return on my investment on one, and 112% on the other!) on a couple of suggestions he's given and plan to start trading his ideas a lot more.

    For more info: http://pennystocks.toptips.org/

  • Anonymous
    7 years ago

    You should keep your 401k, but also open another account - an IRA works great. You can open the account at any brokerage, but I like Scottrade or TD Ameritrade.

    Check out these free ways to learn how to invest:

  • wg0z
    Lv 7
    7 years ago

    yes its all online these days.

    most people can do both a Roth IRA AND a 401(k).

  • 7 years ago

    You can go online to sites like scotrade or etrade.

  • 5 years ago

    Great answers, just what I was searching for.

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