From where do I buy stocks?

You can buy stocks either through a broker’s online platform or directly from a company through direct stock purchase plans (DSPP), though few companies have the option of DSPPs. An investor can open an account by depositing either stocks or cash in a brokerage account. You can choose between a full-service broker and a discount broker. A full-service broker offers expert advice and manages your account, but their services come at a high cost. Discount brokers, on the other hand, are cheaper but offer little individual attention. If you wish to trade on your own through the internet, make sure you are well-versed with the terminologies and the working of the stock market. Make the right choice of stocks based on your financial goals and use the trading strategy which is best-suited to meet those goals.

 

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