How to Buy Stocks for Beginner

Investing in stocks for the first time is a daunting task. It can be scary because real money is at risk of loss.

However, equities are the path to building wealth because they represent ownership of a company and a claim on future profits and earnings.

The question then is how to buy stocks for beginners? What steps are essential to know? What follows is a step-by-step guide that answers those questions and put you on a path to build wealth.

Today, orders are placed directly by the investor online. Therefore, a person should start the process by selecting an online broker and creating an account.

Pick a Brokerage Firm

Opening an online account is simple and easy. First, a person must complete the application, provide the necessary identity information, and wait for approval.

Open an Account Online

Start researching a stock by reading about it in one of the many investing books available to the public regarding learning how to  research and select stocks.

Research a Stock

The last step is to select an order type. The two basic order types are a market order and a limit order.

Select An Order Type

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