Q:

What are some resources to learn about buying stocks?

A:

Quick Answer

Some of the most common outlets that teach people about buying stocks are Fidelity, Vanguard, Charles Schwab and AmeriTrade. These outlets show you the current cost of stocks and how they are fluctuating. It is also helpful to read the business and finance sections of reputable news sources.

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Full Answer

Before you buy any stocks, you need to be sure you understand the potential risks and fluctuation. The best way to educate yourself is to first read the business and finance sections of reputable news outlets, such as The Wall Street Journal, The New York Times, CNN Money or Forbes. Once you understand how business works and which stocks you are interested in buying, you can research further on stock exchange sites such as AmeriTrade and Charles Schwab.

Before you make any purchases be sure to read the fine print. Though stock exchange companies are all very similar, there are slightly different rules you need to know when opening an account. For example, AmeriTrade may charge more per trade but require a minimum investment amount, whereas another site may be the exact opposite. All the stock exchange websites directly provide detailed information about the different types of accounts they offer. You also have the option of speaking with a representative if you find yourself needing a little more guidance.

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